Single-Story Office and Retail
For Sale
$1,350,000
80 Sagamore St Quincy, Quincy, MA 02171
Versatile single-story space with retail frontage, natural light, and a drive-in delivery bay for flexible small business use.
Property Size5,986 SF
Price / SF$225.53
Days on Market93
Property Features for 80 Sagamore St Quincy
General Information
Standard status
Active
Size
5,986 SF
Zoning
BUSB
Lease Type
NNN
Taxes and HOA fees
Annual Taxes
$17,469
Building Details
Year Built
1950
Stories
1
Tenancy
Single
Listed By:
Michele Costa
(508) 501-1443
Source:
Milestonerealtyinc
Added: Jun 4
Changed: Sep 1
Last Checked: Sep 2 at 1:23PM
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 Michele Costa
Investment Insights
Based on property information with market context.
This single-story office and/or retail building offers a versatile interior layout designed to accommodate a range of tenant needs. The property includes retail frontage, numerous skylights, and exterior transom windows that bring in abundant natural light. A drive-in delivery bay supports deliveries and back-of-house access.
The building is located on newly paved and sidewalked Sagamore Street. It sits across from the Welcome Young Playground and Park and is described as minutes from the North Quincy T Station, the Abbey, Target, and the Neponset River Bridge. The property is positioned between the commercial activity of Hancock Street and nearby residential areas.
For tenants or buyers looking for a small business-ready footprint, the combination of office functionality and retail frontage can support customer-facing operations alongside administrative use. The drive-in delivery bay adds practical utility for any use that requires straightforward loading. The light-filled interior features, including skylights and transom windows, can help create a comfortable work and customer environment.
The building is located on newly paved and sidewalked Sagamore Street. It sits across from the Welcome Young Playground and Park and is described as minutes from the North Quincy T Station, the Abbey, Target, and the Neponset River Bridge. The property is positioned between the commercial activity of Hancock Street and nearby residential areas.
For tenants or buyers looking for a small business-ready footprint, the combination of office functionality and retail frontage can support customer-facing operations alongside administrative use. The drive-in delivery bay adds practical utility for any use that requires straightforward loading. The light-filled interior features, including skylights and transom windows, can help create a comfortable work and customer environment.
Key Highlights
- 5,986 SF single‑story office and/or retail building for lease or sale
- Retail frontage on Sagamore Street with a drive‑in delivery bay
- Numerous skylights and exterior transom windows provide abundant natural light
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
$96,542
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
7.15%
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%
$1,930,840
$1.9M
Cap Rate 7%
$1,379,171
$1.4M
Cap Rate 9%
$1,072,689
$1.1M
Market Conditions
NOI Build-Up for 5,986 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
$143.7K $24.00/SF
− Vacancy
−$5.7K −$0.96/SF
EGI
$137.9K $23.04/SF
− OpEx
−$41.4K −$6.91/SF
NOI
$96.5K $16.13/SF
Area
Quincy, MA
Vacancy
4.00%
Lease Rate
$24.00 /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%
$1,930,840
Cap Rate 7%
$1,379,171
Cap Rate 9%
$1,072,689
Alternative Uses
Best Use
Office B
$2.32M
$2.03M – $2.70M
NOI $162,161 @ 7.0% cap · market cap 12.01%
Second Best
Retail
$1.38M
$1.21M – $1.61M
NOI $96,542 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$3.54M
$3.10M – $4.13M
NOI $247,677 @ 7.0% cap · market cap 18.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
Explore this area
Business Placement
Demographics for 02171, MA
19,539
Population
9,513
Households
2.1
Avg Household Size
41
Median Age
52%
College-Educated
88%
High-School Grad
2.5 sq mi
ZIP Area
7,816
Density / Sq Mi
$104,992
Median Household Income
$58,835
Median Earnings
$2,281
Median Rent
$630,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Versatile single-story space with retail frontage, natural light, and a drive-in delivery bay for flexible small business use.
Where is this office building located?
The property is located at 80 Sagamore St Quincy Quincy, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,986 SF single‑story office and/or retail building for lease or sale; Retail frontage on Sagamore Street with a drive‑in delivery bay; Numerous skylights and exterior transom windows provide abundant natural light
