Bright Office Unit For
For Lease
$2,350/Mo
85 Franklin Street #3, Needham, MA 02492
Second-floor office unit with parking in Newton/Needham N2 Corridor.
Space SizeContact for details
Property Size1,045 SF
Days on Market198
Property Features for 85 Franklin Street #3
General Information
Standard status
Active
Size
1,045 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$13,121
Building Details
Year Built
1986
Listing Agency:
Berkshire Hathaway HomeServices Commonwealth Real Estate
(781) 444-1234
Listed By:
Alison Borrelli
Source:
Corcoran
Added: Jan 23
Changed: Aug 8
Last Checked: Aug 8 at 1:51PM
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 Berkshire Hathaway HomeServices Commonwealth Real Estate
Investment Insights
Based on property information with market context.
This second-floor office unit features two separate offices and an open area suitable for conferences or a waiting area. The unit benefits from natural light, enhanced by several large windows, and includes a bathroom and a kitchenette. The lease covers water and snow removal. A dumpster is available on the premises for tenant use. The property is located off Route 128/95, across from You-Do-It Electronics, in the Newton/Needham N2 Corridor, an area noted for major developments and national company headquarters, including Trip Advisor and SharkNinja, as well as major hotels, retail spaces, and residential areas. The unit includes two designated parking spaces, with additional on-street parking available. The property size is 1045 square feet.
Key Highlights
- Ideally located off Rt. 128/95 in the Newton/Needham N2 Corridor near major developments and company headquarters.
- Includes 2 designated parking spaces plus on‑street parking.
- Features 2 separate offices, an open area, bathroom, and kitchenette.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 02492, MA
21,359
Population
7,500
Households
2.8
Avg Household Size
43
Median Age
84%
College-Educated
99%
High-School Grad
9.5 sq mi
ZIP Area
2,248
Density / Sq Mi
$222,063
Median Household Income
$96,040
Median Earnings
$2,256
Median Rent
$1,177,300
Median Home Value
Market
Lease Benchmarks for Needham, MA
$30.67 /SF/Yr
Avg Asking Price
$22.8–$72 /SF/Yr
Price Range
5,237 SF
Avg Space Size
This space is priced 12% below the average of $30.67 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office unit with parking in Newton/Needham N2 Corridor.
Where is this office units located?
The property is located at 85 Franklin Street #3 Needham, MA.
What is the lease rate?
The lease rate is $2,350/Mo.
What are key features of this property?
This property features: Ideally located off Rt. 128/95 in the Newton/Needham N2 Corridor near major developments and company headquarters.; Includes 2 designated parking spaces plus on‑street parking.; Features **2 separate offices, an open area, bathroom, and kitchenette.**
