40 Davis Straits Falmouth, MA

Listing agency Atlantic Retail - Corporate e***@atlanticretail.com Show Phone

Listed by Sam Koonce Show Phone

Source Moodyscre

Added: Feb 7, 2025 Updated: Jul 6 at 10:08AM Checked: Jul 22 at 4:03AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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.