Self Storage Facility For
For Sale
$2,000,000
780 Worcester Street, Natick, MA 01760
For-sale self storage facility positioned for operators seeking a dedicated storage-use asset in Natick.
Property Size6,576 SF
Days on Market82
Property Features for 780 Worcester Street
General Information
Standard status
Active
Size
6,576 SF
Total Parking Spaces
20
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Building Size
6,576 SF
Year Built
1940
Listing Agency:
128 CRE
(617) 916-1028
Listed By:
Jeremy Freid · License #9089542-RE-B
Source:
Classifiedrealtygroup
Added: Jun 4
Changed: Aug 23
Last Checked: Aug 23 at 2:53AM
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
Investment Insights
Based on property information with market context.
This offering presents a self storage facility available for sale, offered as an industrial/commercial real estate asset. The property is configured for storage use, supporting the core requirements of a self-storage operation.
The facility is located at 780 Worcester Street in Natick, Massachusetts. As a storage-focused property on a major thoroughfare, it offers a straightforward, single-purpose ownership profile for buyers evaluating an operating storage business or an acquisition aligned with storage demand.
From an operator or owner-user standpoint, the building’s self storage orientation can simplify underwriting and decision-making by matching the asset to its intended use. For investors, the opportunity centers on acquiring a dedicated storage property rather than a multi-purpose commercial building. Interested parties can review the offering terms and any available operating information to evaluate fit, implementation timeline, and the day-to-day requirements associated with owning a self storage facility. Because no unit counts, occupancy details, or specific improvements were provided here, due diligence should confirm the property’s detailed configuration and current operating status.
The facility is located at 780 Worcester Street in Natick, Massachusetts. As a storage-focused property on a major thoroughfare, it offers a straightforward, single-purpose ownership profile for buyers evaluating an operating storage business or an acquisition aligned with storage demand.
From an operator or owner-user standpoint, the building’s self storage orientation can simplify underwriting and decision-making by matching the asset to its intended use. For investors, the opportunity centers on acquiring a dedicated storage property rather than a multi-purpose commercial building. Interested parties can review the offering terms and any available operating information to evaluate fit, implementation timeline, and the day-to-day requirements associated with owning a self storage facility. Because no unit counts, occupancy details, or specific improvements were provided here, due diligence should confirm the property’s detailed configuration and current operating status.
Key Highlights
- Self‑storage facility for sale in Natick
- Built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,948
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,398,960
$1.4M
Cap Rate 7%
$999,257
$999.3K
Cap Rate 9%
$777,200
$777.2K
Market Conditions
NOI Build-Up for 6,576 SF
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.
Gross rent
$105.7K $16.08/SF
− Vacancy
−$5.8K −$0.88/SF
EGI
$99.9K $15.20/SF
− OpEx
−$30.0K −$4.56/SF
NOI
$69.9K $10.64/SF
Area
Middlesex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,398,960
Cap Rate 7%
$999,257
Cap Rate 9%
$777,200
Alternative Uses
Best Use
Industrial
$999.3K
$874.4K – $1.17M
NOI $69,948 @ 7.0% cap · market cap 3.50%
Second Best
Self Storage
$824.6K
$721.6K – $962.1K
NOI $57,724 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$3.89M
$3.41M – $4.54M
NOI $272,508 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 01760, MA
36,659
Population
15,838
Households
2.3
Avg Household Size
42
Median Age
69%
College-Educated
98%
High-School Grad
14.8 sq mi
ZIP Area
2,477
Density / Sq Mi
$134,644
Median Household Income
$77,632
Median Earnings
$2,061
Median Rent
$740,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - For-sale self storage facility positioned for operators seeking a dedicated storage-use asset in Natick.
Where is this self storage facility located?
The property is located at 780 Worcester Street Natick, MA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Self‑storage facility for sale in Natick; Built in 1940
