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7 Room Office Ready
For Lease
$25 SF/Yr

400 Hillside Av 15, Needham, MA 02494

7-room office space available for rent, easy to show.

Space SizeContact for details
Days on Market111

Property Features for 400 Hillside Av 15

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $999

Building Details

Year Built 1983
Listing Agency: CRG Commercial
Listed By: John Nachtwey
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 11 at 7:25AM

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 7-room office space is available for rent and is easy to show. The location has a walk score of 69, indicating it is somewhat walkable, a bike score of 34, indicating it is somewhat bikeable, and a transit score of 29, indicating some transit options are available.

Key Highlights

  • 7 Room Office: Provides ample space for various business needs.
  • Vacant: Ready for immediate occupancy and setup.
  • Easy to Show: Convenient for prospective buyers to view the property.

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 7-room office space available for rent, easy to show.
Where is this office units located?
The property is located at 400 Hillside Av 15 Needham, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 7 Room Office: Provides ample space for various business needs.; Vacant: Ready for immediate occupancy and setup.; Easy to Show: Convenient for prospective buyers to view the property.
More about this property
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