Investment Overview

Marcus & Millichap is pleased to offer for sale Extra Space Storage (Managed) located in Malden, Massachusetts. The facility was renovated and rebranded in 2024 and the renovations continued into 2025. The site features 717 climate-controlled units, one triple-net warehouse tenant and a kiosk water tenant totaling 74,795 net rentable square feet. There is a future expansion opportunity to add 141 non-climate-controlled units totaling 25,350 net rentable square feet in the rear of the building. There is a solar lease in progress and a large monument sign adding to the income potential.