Wellesley Office Space For
For Lease
$45 SF/Yr
40 Grove Street, Wellesley, MA 02482
Office spaces available in Wellesley, ranging from 402 to 1,494 SF.
Space SizeContact for details
Days on Market795
Property Features for 40 Grove Street
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Year Built
1975
Listing Agency:
128 CRE
(617) 916-1028
Listed By:
Jeremy Freid · License #9089542-RE-B
Source:
Corcoran
Added: Jun 13, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 128 CRE
Investment Insights
Based on property information with market context.
Office spaces are available for rent at a property located at 40 Grove Street, Wellesley, MA 02482. The available spaces range in size: 402 SF, 1,172 SF, 1,333 SF and 1,494 SF. The property has a total size of 4401 SF.
Key Highlights
- Multiple space options available: 402 SF, 1,172 SF, 1,333 SF, and 1,494 SF.
- Variety of space sizes to suit different business needs.
- Property built in 1975.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,363
Businesses Nearby
Explore this area
Business Placement
Demographics for 02482, MA
10,710
Population
4,249
Households
2.5
Avg Household Size
44
Median Age
83%
College-Educated
99%
High-School Grad
3.7 sq mi
ZIP Area
2,895
Density / Sq Mi
$240,069
Median Household Income
$109,805
Median Earnings
$2,674
Median Rent
$1,255,200
Median Home Value
Market
Lease Benchmarks for Wellesley, MA
$44.77 /SF/Yr
Avg Asking Price
$32–$57.09 /SF/Yr
Price Range
2,509 SF
Avg Space Size
This space is priced 1% above the average of $44.77 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office spaces available in Wellesley, ranging from 402 to 1,494 SF.
Where is this office units located?
The property is located at 40 Grove Street Wellesley, MA.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Multiple space options available: 402 SF, 1,172 SF, 1,333 SF, and 1,494 SF.; Variety of space sizes to suit different business needs.; Property built in 1975.
