508-862-9000
222 West Main Street, Hyannis, MA
advisors@comrealty.net

Investment Property/Dental Office Condo For Sale (Lease Back) in Centerville, Cape Cod

$790,000.00
1645 Falmouth Road, Centerville, MA, USA

Features

  • Air Conditioning
  • Broadband Internet Available
  • Central heating
  • Data Infrastructure
  • Disabled facilities
  • High Traffic Counts
  • Highly Visible
  • In-Town Location
  • Income Potential
  • Parking
  • Private Bath

Details

Bayberry Square Office is a professional office condominium complex with a Cape Cod architectural design. Located in Centerville’s premier commercial location along busy Route 28/Falmouth Road and across from several popular shopping destinations. Centerville is a village in the town of Barnstable, which has an approximate population of 44,000. This population doubles seasonally. Bayberry Square is a prime commercial location with  excellent visibility signage and ample parking.

Approximately 3404± sq. ft. of interior space; Unit 1D is 2,397±  sq. ft.; Unit 7D is 467± sq. ft.; Unit 8D is 570± sq. ft. Building D is located 3/4 way around the back of Bayberry Condominiums.

The property is being offered as a sale lease back. Seller is a thriving dental practice with a long term presence at this location. Lease agreement would be an Absolute Triple Net (N-N-N) , 15 year initial term with a starting annual rent of $62,000 with solid rental increases after three years. Additional information available upon request.

  • ID: 4919
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