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First Floor Office Suite
For Lease
$25 SF/Yr

400 Hillside Av 11, Needham, MA 02494

Office suite with multiple rooms available for rent.

Space SizeContact for details
Property Size770 SF
Days on Market111

Property Features for 400 Hillside Av 11

General Information

Standard status Active
Size 770 SF
Property subtype Commercial

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: Elliman
Added: Apr 24 Changed: Aug 11 Last Checked: Aug 11 at 9:35AM

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

Investment Insights

Based on property information with market context.

This large office suite, located on the first floor, features six offices and a reception area. The space can be subdivided into a single room office available for $1,000. Rent is structured on a gross lease basis. Ample on-site parking is available. The location has a bike score of 48, indicating it is somewhat bikeable, a walk score of 64, suggesting it is somewhat walkable, and a transit score of 29, indicating some transit options are available.

Key Highlights

  • Large office suite on the 1st floor.
  • Gross lease structure.
  • Ample on‑site parking.

Property Analytics

Current Use

Office Units

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,461
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

Market

Lease Benchmarks for Needham, MA

$30.65 /SF/Yr
Avg Asking Price
$22.8–$72 /SF/Yr
Price Range
3,942 SF
Avg Space Size

This space is priced 18% below the average of $30.65 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with multiple rooms available for rent.
Where is this office units located?
The property is located at 400 Hillside Av 11 Needham, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Large office suite on the 1st floor.; Gross lease structure.; Ample on‑site parking.
More about this property
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