Property profile

400 Boston Post Rd Wayland, MA 01778

OFF-MARKET
Commercial real estate
Property ID
US38-1280907
44,301 SF 11.5 ac lot Built 2012
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use development, Wayland Town Center, offers a unique opportunity for businesses seeking high-visibility retail or medical office space in the affluent town of Wayland, Massachusetts. Located at 400 Boston Post Rd, 01778, this 191,448 square foot property boasts a prime location just 20 minutes west of downtown Boston, conveniently situated off Route 20 and Route 27. The center features a strong tenant mix including a Stop & Shop anchor grocer, X-Golf, The Local, Elements Massage, The Bagel Table, Btone, and Giacomo's Restaurant, along with approximately 17,000 square feet of medical office space anchored by Beth Israel Deaconess Medical Center. Currently, there are 10 spaces available, ranging from 900 to 15,000 contiguous square feet, with a total of 19,889 square feet of vacant space. The property sits on a 28.85-acre lot and offers 899 parking spaces, ensuring ample convenience for customers and employees. Benefitting from 439 feet of frontage along Route 20, the center enjoys exceptional visibility at the intersection of two major roadways. The property is zoned LC-Limited Commercial/Mixed-Use Overlay District. This vibrant center offers a compelling combination of strong demographics, ample parking, and a diverse tenant mix, making it an ideal location for businesses seeking to thrive in a successful retail market.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2012
Construction STEEL FRAME
Total area 44,301 SF
Lot 11.5 ac (500,940 SF)
Zoning code LC
APN WAYL M:23 L:052
UPID US38-1280907

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Grocery & Convenience Store
  • Restaurant
  • Bank Credit Union
  • Atm Currency Exchange Service
  • Take-out & Catering

Location

400 Boston Post Rd Wayland, MA 01778-1824
Wayland metro Census 366202 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.25M
Comparable Approach Comparable
$10.37M
Blend (final) Blend
$10.24M

Owner & transaction history

since 2025
7 recorded transactions
2025
$35.8M
2022
Price N/A
2022
Price N/A
2016
Price N/A
2015
Price N/A
2015
$20.0M
2015
$28.0M

Zoning & alternative use

LC · Wayland, MA
Top alternative use upside
Restaurant $12.9M +12.4%
Auto repair, garage $12.5M +8.9%
Neighborhood: shopping center $12.3M +7.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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