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Six-Office Suite
For Lease
$1,000-$1,796/Mo

400 Hillside Av # 11, Needham, MA 02494

Ground-floor workspace includes a reception area and is offered on a gross lease.

Space SizeContact for details
Property Size770 SF
Days on Market262

Property Features for 400 Hillside Av # 11

General Information

Standard status Active
Size 770 SF
Property subtype COMMERCIAL
Lease Type Gross

Space & Availability

Divisible Yes
Floor 1
Space Use Office
Private Offices 6

Lease Terms

Lease Rate $1,796 /MO
Total Rate $1,796
Monthly Rent $1,000-$1,796
Lease Term 24 months

Taxes and HOA fees

Annual Taxes $999

Building Details

Building Size 770 SF
Year Built 1983
Listing Agency: CRG Commercial
Listed By: John Nachtwey
Source: Dreamegarealty
Added: Feb 9 Changed: Oct 27 Last Checked: Oct 26 at 3:01PM

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 CRG Commercial

Rey
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Investment Insights

Based on property information with market context.

This 770-square-foot office suite is on the first floor and contains six offices along with a reception area. The space can also be divided into a single-room office. The building dates to 1983.

The property is at 400 Hillside Av in Needham, Massachusetts, and offers on-site parking. Lease terms are gross, with a two-year minimum term.

Key Highlights

  • 770‑square‑foot office suite on the first floor
  • Six offices and a reception area
  • Can be configured as a single‑room office

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

School Search High School Tanya Gurevich Foster Care Service Evan Bruce Gold Ophthalmologist Heather Larkin, LMHC Counselor Counseling | Coaching Counselor

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Carpet & Flooring Store Grocery & Convenience Store Home Appliance Store Tech Support Center

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 02494, MA

10,732
Population
4,254
Households
2.5
Avg Household Size
43
Median Age
75%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
3,833
Density / Sq Mi
$173,750
Median Household Income
$92,148
Median Earnings
$2,452
Median Rent
$1,052,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Needham, MA

$28.55 /SF/Yr
Avg Asking Price
$15.58–$57.27 /SF/Yr
Price Range
3,676 SF
Avg Space Size

This space is priced 2% below the average of $28.55 /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

Frequently Asked Questions

What type of property is this?
Office unit - Ground-floor workspace includes a reception area and is offered on a gross lease.
Where is this office unit located?
The property is located at 400 Hillside Av # 11 Needham, MA.
What is the lease rate?
The lease rate is $1,796/Mo.
What are key features of this property?
This property features: 770‑square‑foot office suite on the first floor; Six offices and a reception area; Can be configured as a single‑room office
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