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Waltham Office Suite For Rent
For Lease
$34 SF/Yr

400 5th Ave, Waltham, MA 02451

5,317 SF office suite in accessible Route 128 location.

Space SizeContact for details
Days on Market183

Property Features for 400 5th Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $531,470

Building Details

Year Built 1975
Listing Agency: Duffy Properties, LLC
Listed By: Ashley Morris
Source: Corcoran
Added: Feb 13 Changed: Aug 8 Last Checked: Aug 8 at 6:19AM

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 Duffy Properties, LLC

Investment Insights

Based on property information with market context.

This 5,317 square foot office suite is available for rent in a location with high accessibility to Route 128. The suite features a functional layout that includes a mix of private offices, open work areas, and conference rooms. It also has a dedicated break area equipped with a kitchenette. Customizable finishes are possible. The space is suited for professional services, technology companies, or administrative users. Building amenities include a fitness center with showers, a conference room, and a micro market. Abundant surface parking is available. The property is surrounded by conservation land and trails and is located minutes from area restaurants, hotels, and retail.

Key Highlights

  • Highly accessible Route 128 location.
  • 5,317 SF office suite with functional layout including private offices, open work areas, and conference rooms.
  • Building amenities include fitness center with showers, conference room, and micro market.

Property Analytics

Current Use

Garden Club Federation ... Bar & Pub Cushing & Dolan, P.C. Law Firm TLC Laser Eye ... Physician Kingstar (Bike/Boat/Book/etc) Store Accdon Consultant

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Cafe & Coffee Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,321
Businesses Nearby

Demographics for 02451, MA

17,953
Population
7,852
Households
2.3
Avg Household Size
39
Median Age
55%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
3,387
Density / Sq Mi
$119,509
Median Household Income
$66,318
Median Earnings
$2,537
Median Rent
$709,200
Median Home Value

Market

Lease Benchmarks for Waltham, MA

$26.04 /SF/Yr
Avg Asking Price
$17–$38 /SF/Yr
Price Range
23,325 SF
Avg Space Size

This space is priced 31% above the average of $26.04 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - 5,317 SF office suite in accessible Route 128 location.
Where is this office units located?
The property is located at 400 5th Ave Waltham, MA.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Highly accessible Route 128 location.; 5,317 SF office suite with functional layout including private offices, open work areas, and conference rooms.; Building amenities include fitness center with showers, conference room, and micro market.
More about this property
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