Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    188-202 Teaticket Hwy Falmouth, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1,250 SF retail space available for lease now.

    Type:RETAIL
    Property size:
    1,250 SF
    Lot size:
    1.68 Acres
    Added:
    Jan 22, 2025
    Days on Market:
    457
    Last Refresh:
    Apr 5 at 10:00 pm

    Property Features for 188-202 Teaticket Hwy

    General Information

    Standard status
    Active
    Size
    1,250 SF
    Lot size
    1.68 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 188-202 Teaticket Hwy Contact us

    We can help!

    Listing Contact
    Greg Hartel

    Listing agent Greg Hartel

    Listing office Hartel Realty

    Listing date Jan 22, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Hartel Realty

    Overview

    Falmouth Retail Space Available Now

    A 1,250 square foot retail space is currently available for lease. The unit is a front-end unit. The property is zoned B2 - COMMERCIAL and is situated in a busy plaza with year-round activity. The location offers excellent exposure, facing Route 28 and adjacent to a Cumberland Farms gas station and convenience store. The lease rate is $22 per square foot, plus $3.50 per square foot for CAM.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Gym & Fitness Center Pharmacy Big Box & Wholesale Store Skin Care Clinic Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.6276
    Latitude
    41.575

    Nearby Similar for Lease

    • $1,200/Mo

      East Falmouth Commercial Space Available

      Turn-key fitness facility or other allowed uses in East Falmouth.
      180 Teaticket Hwy #Upper 2, Falmouth, MA 02540
      View Details
    • $2,000/Mo

      Falmouth Office Space For Lease

      1,990 SF office space available in Falmouth, MA.
      155 Katherine Lee Bates Rd #Upper, Falmouth, MA 02540
      View Details
    • $500/Mo

      Individual Offices For Lease

      Second floor office spaces available for quiet professional use.
      49 Locust St, Falmouth, MA
      View Details
    • $500/Mo

      Individual Offices For Lease

      Second floor office spaces available for quiet professional use.
      49 Locust St #2nd Flr, Falmouth, MA 02540
      View Details
    • $2,867/Mo

      Retail Space with Offices

      Retail space featuring offices, storage, and kitchenette for rent.
      704 Main St, Falmouth, MA
      View Details
    • $2,400/Mo

      East Falmouth Industrial Bays For Rent

      Industrial bays available for lease in East Falmouth, MA.
      19 Tradesman Cir, East Falmouth, MA
      View Details
    • $1,200/Mo

      Falmouth Retail/Office Space Available

      Renovated 1,300 SF unit for lease in Falmouth, MA.
      178-180 Teaticket Hwy, Falmouth, MA
      View Details
    • $32 SF/Yr

      Main Street Office Space Available

      2,324 SF office space with excellent visibility on Main Street.
      177 Main St, Falmouth, MA
      View Details
    • Contact for pricing

      Falmouth Plaza Retail Opportunity

      Retail space available in high-profile Falmouth community center.
      15 Davis Straits Rd, Falmouth, MA 02540
      View Details
    • $2,400/Mo

      Falmouth Industrial Bays For Lease

      Industrial bays for lease, prefabricated steel construction, built in 2005.
      19 Tradesman #3 or 4, Falmouth, MA 02536
      View Details
    • Contact for pricing

      Restaurant Space in Falmouth

      Restaurant space available for rent in Falmouth, Massachusetts.
      120 Palmer Ave, Falmouth, MA
      View Details
    • Contact for pricing

      Falmouth Retail Space For Rent

      Retail space available in Falmouth Plaza, Cape Cod.
      15 Davis Straits, Falmouth, MA
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,250 SF retail space available for lease now.
    Where is this retail space located?
    The property is located at 188-202 Teaticket Hwy Falmouth, MA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Excellent exposure facing Rte. 28; Front end unit available now; Located in a busy plaza with year‑round activity
    (617) 256-3169 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Greg Hartel
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!