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    40 Davis Straits Falmouth, MA 02540

    For Sale
    $3,950,000

    Retail property in Falmouth, MA, fully leased to CovenientMD.

    Property size:
    5,099 SF
    Lot size:
    0.82 Acres

    Property Features for 40 Davis Straits

    General Information

    Size
    5,099 SF
    Lot size
    0.82 Acres

    Source: Atlantic Retail - Corporate Agent Eric Suffoletto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Falmouth Retail Property For Sale

    This 5,099 square foot retail property is located at 40 Davis Straits in Falmouth, Massachusetts. The property is 100% occupied by CovenientMD since November 6, 2018. The property is positioned along Rt 28 (Davis Straits) in the major retail node of Falmouth, servicing the coastal communities of Cape Cod. The 15-year lease with CovenientMD was signed in 2017. The lease includes four 5-year options. The current rent is $243,375, with an 11% increase scheduled for December 2028, and additional 11% rent escalations throughout each option period.
    Insight Report Location Intelligence

    Current Use by Public Records

    ConvenientMD Urgent Care Urgent Care Center LabCorp Medical Laboratory Francesca Donaghey General Practitioner TINA L HOWE Nurse Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.600059
    Latitude
    41.5569503

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    FAQs

    What type of property is this?
    Retail space - Retail property in Falmouth, MA, fully leased to CovenientMD.
    Where is this retail space located?
    The property is located at 40 Davis Straits Falmouth, MA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - 15-year lease with ConvenientMD provides long-term stable income.; - 100% occupied by ConvenientMD since 2018, indicating tenant stability.; - Prime location on Rt 28 offers unmatched visibility.
    (617) 239-3600
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    40 Davis Straits Falmouth, MA 02540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 Davis Straits Falmouth, MA 02540
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