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Retail Space in Newton, MA
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55 Needham St, Newton, MA 02461

Retail space available in affluent Newton, Massachusetts.

Space Size1,174 SF - 1,974 SF
Property Size19,000 SF
Days on Market166

Property Features for 55 Needham St

General Information

Standard status Active
Size 1,174 SF - 1,974 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 19,000 SF
Year Built 2016
Tenancy Multiple

Spaces For Lease

at 55 Needham St Contact us

Endcap

Size
1,974 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Inline

Size
1,174 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Bierbrier Development
Listed By: Brian Callahan · License #MA
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 20 at 8:03PM

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 Bierbrier Development

Investment Insights

Based on property information with market context.

Located in Newton, Massachusetts, an affluent and dense market near Boston, this retail space is situated at the gateway to Needham Street. The location within the Needham Street Village Shops provides accessibility with multiple curb cuts.

Key Highlights

  • Located in Newton, MA, an affluent and dense market near Boston.
  • Situated at the gateway to Needham Street.
  • Easily accessible location.

Property Analytics

Current Use

AT&T Store Mobile Phone Store B.GOOD Restaurant Needham Street Village ... Shopping Center & Mall Deka Lash Hair Salon Restore Hyper Wellness Spa & Massage Center

Suggested Use

Top Pick Food Market Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Locksmith

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
$10.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,510
Businesses Nearby
218k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Apparel 31% Dining 16% Home Improvements & Furnishings 13%
T.J. Maxx Apparel
45,110 visits/mo 0.2 miles
HomeGoods Home Improvements & Furnishings
27,618 visits/mo 0.3 miles
Michaels Shops & Services
23,306 visits/mo 0.3 miles
Sierra Apparel
22,919 visits/mo 0.2 miles
PetSmart Shops & Services
13,572 visits/mo 0.4 miles

Demographics for 02461, MA

7,430
Population
2,785
Households
2.7
Avg Household Size
44
Median Age
88%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
4,953
Density / Sq Mi
$207,292
Median Household Income
$101,850
Median Earnings
$3,026
Median Rent
$1,154,500
Median Home Value

Market

Lease Benchmarks for Newton, MA

$36.92 /SF/Yr
Avg Asking Price
$30–$49 /SF/Yr
Price Range
3,594 SF
Avg Space Size

This space is priced 90% above the average of $36.92 /SF/Yr.

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?
Retail space - Retail space available in affluent Newton, Massachusetts.
Where is this retail space located?
The property is located at 55 Needham St Newton, MA.
What is the lease rate?
The lease rate is $70 SF/Yr.
What are key features of this property?
This property features: Located in Newton, MA, an affluent and dense market near Boston.; Situated at the gateway to Needham Street.; Easily accessible location.
(781) 706-7348 Call to check price and availability
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