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First-Floor Office Suite
For Lease
$25 SF/Yr

400 Hillside Avenue Unit 11, Needham, MA 02494

Six-office layout with reception area and on-site parking.

Space SizeContact for details
Days on Market269

Property Features for 400 Hillside Avenue Unit 11

General Information

Standard status Active
Lease Term []

Building Details

Year Built 1983
Listing Agency: CRG Commercial
Listed By: John Nachtwey
Source: Yourhomeforsale
Added: Jan 9 Changed: Oct 4 Last Checked: Oct 4 at 9:40AM

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 770-square-foot office suite occupies the first floor and includes six offices along with a reception area. The space can also be configured as a single-room office, providing flexibility for different occupancy requirements. The property was built in 1983 and is offered under a gross lease structure with a 2-year minimum lease term.

The suite is located at 400 Hillside Avenue, Unit 11, in Needham, Massachusetts. On-site parking is available for occupants.

Key Highlights

  • 770 SF first‑floor office suite
  • Six offices plus a dedicated reception area
  • Can be configured as a single‑room office

Property Analytics

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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
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Market

Lease Benchmarks for Needham, MA

$27.87 /SF/Yr
Avg Asking Price
$22.8–$57.27 /SF/Yr
Price Range
3,762 SF
Avg Space Size

This space is priced 10% below the average of $27.87 /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 - Six-office layout with reception area and on-site parking.
Where is this office units located?
The property is located at 400 Hillside Avenue Unit 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: 770 SF first‑floor office suite; Six offices plus a dedicated reception area; Can be configured as a single‑room office
More about this property
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