114 B State Road, Sagamore Beach: Investment Building with Reliable Tenant

Details

📍 114-B State Road | Sagamore Beach (Bourne), MA

Stabilized Office Investment | 8% CAP | $1,100,000

114-B State Road offers investors the opportunity to acquire a stabilized, income-producing office property in the Upper Cape market with immediate cash flow and long-term tenant stability.

The ±4,800 SF, two-story building (plus basement) is primarily leased to Green Seal Environmental, Inc., an established environmental consulting firm. The only vacancy is the basement level, providing built-in upside through future lease-up.

Offered at an 8% capitalization rate, this property is well-suited for investors seeking predictable income with modest value-add potential.

Property Highlights

• Price: $1,100,000

• CAP Rate: 8%

• Building Size: ±4,800 SF + basement

• Year Built: 1981

• Stories: Two plus basement

• Parking: On-site surface parking

• Sustainability: Roof-mounted solar panels

• Occupancy: Fully leased except basement

Tenancy & Income

Green Seal Environmental occupies the majority of the building and operates a low-impact, professional office use. Their long-term presence and specialized services support stable, reliable income and reduce turnover risk.

The basement space remains available for lease, creating near-term upside through additional rental revenue.

Layout & Functionality

Each level contains approximately ±2,300 SF, configured with private offices, common areas, and restrooms. The layout supports professional, administrative, and technical users and allows flexibility for future reconfiguration if needed.

Investment Highlights

• Stabilized cash flow at an attractive yield

• Established, credit-quality tenant

• Value-add potential through basement lease-up

• Strong gateway location near Route 3 and Sagamore Bridge

• Limited competing office inventory in the Upper Cape

• Energy cost mitigation via solar installation

Location

Located in Sagamore Beach, Bourne serves as the primary gateway to Cape Cod, benefiting from year-round demand, regional accessibility, and proximity to Greater Boston. The area supports consistent office occupancy with limited new supply.

Summary

114-B State Road represents a well-positioned office investment offering dependable income, modest upside, and an attractive entry point into the Cape Cod commercial market. With in-place tenancy, an 8% CAP rate, and expansion potential, this property is ideal for private investors and 1031 exchange buyers seeking stability and yield.