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Downtown Boston Retail Investment
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459 Washington, Boston, MA 02108

20,000 SF NNN leased retail space for sale.

Property Size20,000 SF
Price / SF$659
Days on Market138

Property Features for 459 Washington

General Information

Standard status Active
Size 20,000 SF
Class A
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $790,783

Building Details

Year Built 2017
Year Renovated 2025
Buildings 1
Stories 2
Units 1
Tenancy Single
Listing Agency: Marcus & Millichap - Jim Koury
Listed By: James Koury · License #9010104
Source: Crexi
Added: Mar 27 Changed: Aug 7 Last Checked: Aug 10 at 1:05PM

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 Marcus & Millichap - Jim Koury

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a 20,000 square foot NNN Teso Life retail space located at 459 Washington St in Downtown Crossing, Boston. The property is situated in Downtown Boston’s most popular retail destination. The property is offered for sale with a 10-year lease in place, featuring 3% annual increases in rent during the base term and both 5-year options.

Key Highlights

  • Located in Downtown Boston's most popular retail destination (Downtown Crossing).
  • NNN lease structure.
  • 10‑year lease term.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,688
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 29% Electronics 8%
Sunoco Shops & Services
8,028 visits/mo 0.5 miles
Bank of America Shops & Services
6,167 visits/mo 0.3 miles
Los Amigos Dining
4,613 visits/mo 0.3 miles
7-Eleven Shops & Services
4,038 visits/mo 0.4 miles
Citizens Bank Shops & Services
3,697 visits/mo 0.2 miles

Demographics for 02108, MA

4,228
Population
2,473
Households
1.7
Avg Household Size
38
Median Age
77%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
14,093
Density / Sq Mi
$212,664
Median Household Income
$95,688
Median Earnings
$2,692
Median Rent
$1,570,400
Median Home Value

Market

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 20,000 SF NNN leased retail space for sale.
Where is this retail space located?
The property is located at 459 Washington Boston, MA.
What is the asking price?
The asking price for this property is $13,180,000.
What are key features of this property?
This property features: Located in Downtown Boston's most popular retail destination (Downtown Crossing).; NNN lease structure.; 10‑year lease term.
More about this property
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