780 Worcester Street, Natick, MA 01760
Commercial property with retail, gas station, and automotive potential.
- Added:
- Sep 11, 2024
- Days on Market:
- 639
- Last Refresh:
- Apr 21 at 6:16 am
Property Features for 780 Worcester Street
General Information
- Standard status
- Active
- Size
- 6,576 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agent Jeremy Freid
Listing office 128 CRE
Listing date Sep 11, 2024
Source Stevebremis
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 128 CRE
HighLights
- Commercial property suitable for retail, gas station, and automotive businesses
- Versatile property with multiple business opportunities
- Established in 1940, offering a property with historical presence
- Potential for redevelopment or renovation
- Location suitable for commercial activities
- Property suitable for a variety of business models
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.6k | $27.00 |
| − Vacancy | −$13.3k | −$2.03 |
| EGI | $164.2k | $24.98 |
| − OpEx | −$41.1k | −$6.24 |
| NOI | $123.2k | $18.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Natick
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3562914
- Latitude
- 42.3000892
