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Self-Storage Facility

Extra Space Storage (Managed)

2050 Revere Beach Pkwy, Everett, MA 02149

Listing Price: Request For Offer

Number of Units
573
Occupancy
90.0%
Gross SF
48,717
Rentable SF
48,717
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to offer for sale this Extra Space Storage (Managed) facility located in Everett, Massachusetts. Everett is an affluent and growing suburb about 4 miles from downtown Boston and about 4 miles from Cambridge. The facility was converted to storage in 2020 and sits in a great location that sees over 50,000 cars per day. The site has 519 climate controlled units, 52 non-climate units, and two outdoor parking spaces totaling 48,717 net rentable square feet. It is surrounded by a lot of new development as well.

Investment Highlights

  • Core Boston Stabilized Extra Space Storage Managed Facility
  • Located in the Affluent, Growing and Rapidly Redeveloping Suburb of Everett
  • About Four Miles From Downtown Boston | About 4 Miles From Cambridge
  • Facility Converted into Self Storage In 2020 | Stabilized and Opportunity to Now Rapidly Grow Rents, ECRIs and Income
  • 48,717 Net Rentable Square Feet
  • 519 Climate-Controlled Units | 52-Non Climate Controlled Units | Two Outdoor Parking Leases

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Financing By

Self-Storage Facility

Extra Space Storage (Managed)

Listing Price: Request For Offer

Number of Units
573
Occupancy
90.0%
Gross SF
48,717
Rentable SF
48,717
Year Built
2020

Investment Highlights

  • Core Boston Stabilized Extra Space Storage Managed Facility
  • Located in the Affluent, Growing and Rapidly Redeveloping Suburb of Everett
  • About Four Miles From Downtown Boston | About 4 Miles From Cambridge
  • Facility Converted into Self Storage In 2020 | Stabilized and Opportunity to Now Rapidly Grow Rents, ECRIs and Income
  • 48,717 Net Rentable Square Feet
  • 519 Climate-Controlled Units | 52-Non Climate Controlled Units | Two Outdoor Parking Leases

Investment Overview

Marcus & Millichap is pleased to offer for sale this Extra Space Storage (Managed) facility located in Everett, Massachusetts. Everett is an affluent and growing suburb about 4 miles from downtown Boston and about 4 miles from Cambridge. The facility was converted to storage in 2020 and sits in a great location that sees over 50,000 cars per day. The site has 519 climate controlled units, 52 non-climate units, and two outdoor parking spaces totaling 48,717 net rentable square feet. It is surrounded by a lot of new development as well.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

Financing By

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