Michaels Stores, Newton MA - crosspointassociates.com€¦Michaels Stores, Newton MA ... 201 Needham Street is a 20,409 SF retail building that is currently occupied by Michael’s

Michaels Stores, Newton MA

Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451www.crosspointassociates.com

iLOCATION201 Needham StreetNewton, MA 02464

100% OCCUPIED

DETAILS • 81 spaces• TrafficCount:40,000ADT

201 Needham Street is a 20,409 SF retail building that is currently occupied by Michael’s Stores. It is strategically located at the intersection of Tower Road and Needham Street, the most sought after retail and commercial street in Newton with easy access to both Route 128 and Route 9.

ASSET CLASSRetail

TOTAL GLA20,409 SF

CrosspointAssociates,Inc.attemptstoprovidecorrectinformation,butdoesnotwarranttheaccuracyandcompletenessofinformation,text, graphics, links or items on this brochure.

TENANT ROSTER1. Michael’s Stores .............................................................20,409 SF

Tenants

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TREE

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201 Needham st. Newton, MA

TOWER ROAD

Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451

NEARBY BUSINESSES1. Trip Advisors2.Clark’sShoes3. Marshalls4. TJ Maxx5. Michael’s

Location 201 Needham St, Newton, MA, 02464

www.crosspointassociates.com

2013 HOUSEHOLD INCOME

2013 POPULATION BY RACE

1 MILE 3 MILE 5 MILE

2010 2013 2018 2010 2013 2018 2010 2013 2018Population 11,333 11,460 11,814 104,271 104,760 107,035 357,856 362,136 373,952Households 4,422 4,476 4,616 36,292 36,510 37,392 141,554 143,706 149,014Families 3,043 3,076 3,161 25,582 25,704 26,241 78,917 79,778 82,099Average Household Size 2.49 2.48 2.48 2.59 2.59 2.59 2.36 2.36 2.35Owner Occupied Housing Units 3,093 3,162 3,325 27,326 27,663 28,700 77,966 79,444 83,368Renter Occupied Housing Units 1,329 1,314 1,291 8,966 8,847 8,693 63,588 64,262 65,646Median Age 42.0 42.4 43.1 40.6 41.1 41.7 36.1 36.3 37.1

1 MILE 3 MILE 5 MILE2010 2013 2018 2010 2013 2018 2010 2013 2018

0 – 4 years 5.9% 5.6% 5.5% 5.6% 5.2% 5.1% 5.3% 5.0% 4.9%5 – 9 years 6.5% 6.5% 6.6% 6.9% 6.6% 6.5% 5.2% 5.2% 5.1%10 – 14 years 6.5% 6.9% 7.2% 6.8% 7.2% 7.4% 5.1% 5.4% 5.5%15 – 19 years 6.7% 6.8% 6.6% 9.4% 9.8% 9.9% 6.8% 6.9% 6.8%20 – 24 years 5.0% 5.4% 4.7% 7.1% 7.5% 7.2% 10.3% 9.7% 9.1%25 – 34 years 10.3% 10.0% 9.1% 7.6% 7.4% 6.9% 15.9% 16.2% 15.8%35 – 44 years 13.4% 12.4% 12.8% 12.6% 11.3% 10.8% 12.7% 12.3% 12.5%45 – 54 years 15.9% 15.2% 14.2% 14.9% 14.3% 13.6% 13.3% 12.8% 11.9%55 – 64 years 14.5% 14.6% 14.6% 13.6% 13.8% 13.9% 11.4% 11.8% 12.1%65 – 74 years 7.4% 9.0% 10.9% 7.2% 8.5% 10.3% 6.5% 7.3% 8.7%75 – 84 years 5.0% 4.7% 4.9% 5.1% 5.0% 5.1% 4.8% 4.6% 4.7%85+ years 2.9% 3.0% 3.0% 3.2% 3.3% 3.2% 2.8% 2.8% 2.8%

Source: U.S.CensusBureau,Census2010SummaryFile1.Esriforecastsfor2013and2018.

1 MILE 3 MILE 5 MILE<$15K 8.4% 7.5% 10.9%

$15K – $24K 4.6% 3.4% 5.7%$25K – $34K 4.1% 4.6% 6.4%$35K – $49K 7.9% 7.1% 10.1%$50K – $74K 11.5% 10.1% 14.9%$75K – $99K 10.6% 8.9% 10.6%

$100K – $149K 18.3% 18.0% 16.7%$150K – $199K 11.4% 13.2% 9.6%

$200K+ 23.3% 27.3% 15.1%

1 MILE 3 MILE 5 MILEWhite 76.4% 82.9% 78.7%Black 3.4% 2.5% 4.8%

American Indian 0.1% 0.1% 0.2%Asian 16.4% 11.1% 10.3%

PacificIslander 0.1% 0.0% 0.1%Other 1.3% 0.9% 3.2%

Two or more 2.4% 2.4% 2.8%Hispanic Origin 4.2% 4.0% 8.4%

Demographics

SUMMARY

JONATHAN HUEBER, DirectorofAcquisitionsmain:(508)655-0505•direct:(781)916-8683•fax:(781)890-6600 [email protected]

POPULATION BY AGE

1 3 5

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