Listing Agency: JMJ Commercial Realty, Inc. Show Phone

Listed By: Adam Schertzer · License #423390 Show Phone

Source: Exprealty

Added: Jul 14 Changed: Sep 3 Last Checked: Sep 4 at 2:12PM

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Investment Insights

Based on property information with market context.

Approx. 1,551 sf retail space is available for sub-lease in Newton Centre. The suite is currently built-out for massage use, making it well-suited for spa and wellness operations that require an existing treatment-focused configuration.

The offering is positioned to complement the long-established and busy Dellaria Salons location within the same area. The space is noted as not suitable for hair or nail salon use.

This is a practical fit for service-oriented spa concepts that can operate within the property’s existing massage-focused buildout.

Key Highlights

• Approx. 1,551 SF retail suite available for sub‑lease in Newton Centre
• Suite is currently built‑out for massage use
• Location is positioned for a variety of beauty spa uses to complement the long‑established Dellaria Salons

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Nursing Home Bar & Pub Clothing & Fashion Store Pet Store Tech Support Center 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.

Lease Details

NNN (Triple Net)

Lease Type

$5.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,804

Businesses Nearby

50k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 42% Dining 39% Hotels & Casinos 15% Beauty & Spa 3%

Bertucci's Dining

10,950 visits/mo 0.0 miles

Speedway Shops & Services

9,142 visits/mo 0.5 miles

Starbucks Dining

8,578 visits/mo 0.1 miles

Four Points by Sheraton Boston Newton Hotels & Casinos

7,477 visits/mo 0.2 miles

Chase Bank Shops & Services

5,798 visits/mo 0.5 miles

Demographics for 02458, MA

12,817

Population

5,238

Households

2.4

Avg Household Size

40

Median Age

76%

College-Educated

97%

High-School Grad

2.0 sq mi

ZIP Area

6,409

Density / Sq Mi

$151,782

Median Household Income

$72,008

Median Earnings

$2,313

Median Rent

$1,116,600

Median Home Value

Market

Lease Benchmarks for Newton, MA

$32.52 /SF/Yr

Avg Asking Price

$25.71–$38.68 /SF/Yr

Price Range

1,476 SF

Avg Space Size

This space is priced 19% above the average of $32.52 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this spa & wellness properties located? What is the lease rate? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Spa & wellness property - Approx. 1,551 sf retail suite built-out for massage use, available for sub-lease in Newton Centre.

Where is this spa & wellness property located?

The property is located at Ll-1148 Centre St Newton, MA.

What is the lease rate?

The lease rate is $5,000/Mo.

What are key features of this property?

This property features: Approx. 1,551 SF retail suite available for sub‑lease in Newton Centre; Suite is currently built‑out for massage use; Location is positioned for a variety of beauty spa uses to complement the long‑established Dellaria Salons