Listing Agency: CBRE - Boston j***@cbre.com Show Phone

Listed By: Josh Kulak · License #9054391 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 16 Last Checked: Aug 20 at 11:01AM

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Investment Insights

Based on property information with market context.

This property, formerly a bank, is available for rent immediately. It features a drive-thru and 25 parking spaces. The location offers high visibility on Route 20, which sees 29,065 cars per day. The daytime population within a five-mile radius is 145,949, and the average household income within the same radius exceeds $220,737.

Key Highlights

• Highly visible location on Route 20 with high traffic count (29,065 cars per day).
• High average household income within five miles ($220,737+).
• Substantial daytime population within five miles (145,949).

Property Analytics

Property Profile

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Dental Office Spa & Massage 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

Location Intelligence

Trade Area within ½ mile

132

Businesses Nearby

9k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Gulf Oil Shops & Services

7,823 visits/mo 0.1 miles

Sunoco Shops & Services

1,584 visits/mo 0.1 miles

Demographics for 01778, MA

14,132

Population

5,136

Households

2.8

Avg Household Size

45

Median Age

78%

College-Educated

98%

High-School Grad

15.0 sq mi

ZIP Area

942

Density / Sq Mi

$219,531

Median Household Income

$106,935

Median Earnings

$1,403

Median Rent

$935,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Bank - Highly visible former bank with drive-thru and ample parking.

Where is this bank located?

The property is located at 54 Boston Post Road Wayland, MA.

What are key features of this property?

This property features: Highly visible location on Route 20 with high traffic count (29,065 cars per day).; High average household income within five miles ($220,737+).; Substantial daytime population within five miles (145,949).