Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Sherwood Plaza Title is generated by Realmo AI

    1290 Worcester St, Natick, MA 01760

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Inline retail space available in high-traffic Sherwood Plaza.

    Type:Retail
    Added:
    Aug 1, 2018
    Days on Market:
    2865
    Last Refresh:
    May 19 at 10:24 pm

    Property Features for 1290 Worcester St

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 1290 Worcester St Contact us

    We can help!

    Listing Contact
    Ria K. McNamara

    Listing agent Ria K. McNamara License #MA 9011671

    Listing office Retail Real Estate Advisors

    Listing date Aug 1, 2018

    Source Crexi

    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 Retail Real Estate Advisors

    HighLights

    • Located in Sherwood Plaza, a well‑known property in the Boston market.
    • Inline space available.
    • Located next to the anchor tenant.
    • Faces Route 9.
    • High traffic location: 65,000 cars daily.
    • Available now.

    Overview

    Located in Sherwood Plaza, this retail space is an inline opportunity situated next to the anchor tenant. The property faces Route 9, which experiences a daily traffic volume of 65,000 cars.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Tile Shop Hardware & Home Improvement Alterations by David's ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Natick
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3827367
    Latitude
    42.2988013

    Nearby Similar for Lease

    • $6,000/Mo
      2,900 SF

      Standalone Office Buildings For Lease

      Two office buildings on a corner lot available for lease.
      180 W Central Street, Natick, MA 01760
      View Details
    • $900/Mo
      625 SF

      Natick Center Commercial Space Available

      Lower level commercial space in Natick Center for rent.
      31 S Main St #B2, Natick, MA 01760
      View Details
    • $20 SF/Yr
      7,000 SF

      Natick Center Retail Space Available

      Spacious retail space in historic Natick Center, potential for restaurant.
      25 Main St, Natick, MA 01760
      View Details
    • $1,700/Mo
      1,500 SF

      Natick Commercial Space For Lease

      1,500 Sq Ft light industrial/commercial space for lease.
      R-63 Washington Ave, Natick, MA
      View Details
    • $21 SF/Yr
      7,000 SF

      Natick Office/Fitness Space Available

      7000 SF space suitable for office or fitness use.
      19 Willow St, Natick, MA 01760
      View Details
    • $25 SF/Yr
      5,000 SF

      Natick Retail Space Available

      5,000 SF retail space for lease in Natick.
      790 Worcester Street, Natick, MA 01760
      View Details
    • $1,700/Mo
      1,500 SF

      Natick Light Industrial/Commercial Space

      1,500 Sq Ft light industrial/commercial space for lease.
      63 Washington Ave #R, Natick, MA 01760
      View Details
    • $1,700/Mo
      1,500 SF

      Natick Light Industrial Space

      1,500 Sq Ft light industrial/commercial space for lease.
      63 Washington Ave #R, Natick, MA 01760
      View Details
    • $400/Mo
      90 SF

      Move-in Ready Co-working Office Space

      90 sq. ft. co-working office with utilities included.
      209 W Central #305, Natick, MA 01760
      View Details
    • $19 SF/Yr
      3,705 SF

      Natick Center Office Suite

      Sub-leasable office suite in Natick Center with collaborative workspace.
      34 Main St #3, Natick, MA 01760
      View Details
    • Contact for pricing
      2,275 SF

      Natick Office/Medical Space Available

      Office/medical space for lease in Natick, Massachusetts.
      67 Union Street, Natick, MA 01760
      View Details
    • $19 SF/Yr

      Natick Center Office Sub-Lease

      Sub-lease opportunity in Natick Center with flexible terms.
      34 Main St #3, Natick, MA 01760
      View Details

    FAQs

    What type of property is this?
    Retail space - Inline retail space available in high-traffic Sherwood Plaza.
    Where is this retail space located?
    The property is located at 1290 Worcester St Natick, MA.
    What are key features of this property?
    This property features: Located in Sherwood Plaza, a well‑known property in the Boston market.; Inline space available.; Located next to the anchor tenant.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ria K. McNamara
    Real Estate License ID: MA 9011671
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1290 Worcester St, Natick, MA 01760
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!