Building Details

Year Built 1983

Listing Agency: CRG Commercial Show Phone

Listed By: John Nachtwey Show Phone

Source: Alliancepartnersre

Added: Apr 23 Changed: Jul 10 Last Checked: Aug 11 at 1:57PM

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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 is a seven-room office space that is currently vacant and available for rent. The property is easy to show.

Key Highlights

• Ready‑to‑go office space.
• Vacant and easy to show.
• Features 7 rooms.

Property Analytics

Property Profile

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

NNN (Triple Net)

Lease Type

$4.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

801

Businesses Nearby

Explore this area Business Placement

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 9% 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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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Ready-to-go office space available for rent.

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 $28 SF/Yr.

What are key features of this property?

This property features: Ready‑to‑go office space.; Vacant and easy to show.; Features 7 rooms.