Listing Agency: CRG Commercial Show Phone

Listed By: John Nachtwey Show Phone

Source: Exprealty

Added: Feb 9 Changed: Aug 11 Last Checked: Aug 11 at 10:57AM

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Investment Insights

Based on property information with market context.

This six-room office suite occupies the first floor of a corner office property at 8-400 Hillside Ave in Needham, MA. On-site parking is included, and the space is offered under a gross lease structure with a 2-year minimum lease term.

Key Highlights

• Six‑room office suite
• First‑floor corner location
• On‑site parking included

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Barber Shop Parking Lot & Garage Pet Grooming Service

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

930

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

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-room office suite with on-site parking and a gross lease structure.

Where is this office units located?

The property is located at 8-400 Hillside Ave Needham, MA.

What is the lease rate?

The lease rate is $2,566/Mo.

What are key features of this property?

This property features: Six‑room office suite; First‑floor corner location; On‑site parking included