Remodeled Medical Office
For Lease
$599,900
37 Edgerton Drive STE 3 North Falmouth, North Falmouth, MA 02556
Renovated clinical layout with dedicated exam, administrative, and patient-support areas.
Space SizeContact for details
Days on Market55
Property Features for 37 Edgerton Drive STE 3 North Falmouth
General Information
Standard status
Active
Property subtype
Commercial
Zoning
LA
Building Details
Year Built
1970
Units
3
Listing Agency:
North Atlantic Realty Group
Listed By:
Dennis Kerkado
(508) 694-6714
Source:
Capecodtoday
Added: Jul 10
Changed: Aug 31
Last Checked: Sep 1 at 2:26PM
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 North Atlantic Realty Group
Investment Insights
Based on property information with market context.
This 2,284-square-foot medical office condominium was built in 1970 and has been fully renovated, including installation of a new HVAC system and A/C condenser. The interior includes a waiting room, reception area, two offices, six exam rooms, an ADA restroom, break room with kitchenette, and storage.
The unit is located at 37 Edgerton Drive, Suite 3, in North Falmouth, Massachusetts, within a condominium complex situated on 2.87 acres. On-site parking is provided. The space has a 25% common interest in the complex, while the tenant-paid HOA covers master insurance, exterior maintenance, snow removal, parking lot maintenance, and landscaping. A lease is in place with a national dermatology firm, and the property carries LA zoning and an approximately 8.5% cap rate.
The unit is located at 37 Edgerton Drive, Suite 3, in North Falmouth, Massachusetts, within a condominium complex situated on 2.87 acres. On-site parking is provided. The space has a 25% common interest in the complex, while the tenant-paid HOA covers master insurance, exterior maintenance, snow removal, parking lot maintenance, and landscaping. A lease is in place with a national dermatology firm, and the property carries LA zoning and an approximately 8.5% cap rate.
Key Highlights
- 2,284 SF medical office condominium with a 25% common interest in the complex
- Fully renovated interior with new HVAC system and A/C condenser
- Six exam rooms, two offices, reception, waiting room, ADA restroom, kitchenette, and storage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02556, MA
3,338
Population
2,751
Households
1.2
Avg Household Size
58
Median Age
69%
College-Educated
100%
High-School Grad
3.9 sq mi
ZIP Area
856
Density / Sq Mi
$133,929
Median Household Income
$68,750
Median Earnings
$658,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Renovated clinical layout with dedicated exam, administrative, and patient-support areas.
Where is this medical office space located?
The property is located at 37 Edgerton Drive STE 3 North Falmouth North Falmouth, MA.
What is the lease rate?
The lease rate is $599,900.
What are key features of this property?
This property features: 2,284 SF medical office condominium with a 25% common interest in the complex; Fully renovated interior with new HVAC system and A/C condenser; Six exam rooms, two offices, reception, waiting room, ADA restroom, kitchenette, and storage
