Multi-Tenant Office
765 Attucks Lane Hyannis, MA 02601
765 Attucks Lane, Hyannis, MA, 02601
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For Sale
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Multi-tenant office building on a waterfront-pond view site with parking and elevator access near major Cape Cod services.
Property Size17,713 SF
Lot Size2.81 Acres
Price / SF$197.31
Days on Market39
Property Features for 765 Attucks Lane
General Information
- Standard status
- Active
- Size
- 17,713 SF
- Lot size
- 2.81 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1972
Listing Agency
Premier Commercial - Centerville
(508) 962-5033
Listed by
John Ciluzzi · License #MA 8990
Source
Crexi
Added: Jun 9 Checked: Jul 15 at 8:12 pm
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 Premier Commercial - Centerville
Investment Insights
Based on property information with market context.
The property consists of a 17,713 SF, multi-story, multi-tenant office building set on a private, expansive 2.81-acre lot with two included parcels. The layout is designed to support flexible occupancy, making it a practical fit for medical groups, professional offices, or specialized community service providers. On-site accessibility is supported by elevator access, and the site includes a 53-space surface parking lot for employees and visitors.
Located at 765 Attucks Lane in Hyannis, Cape Cod, the building is described as minutes from the Route 132 retail hub, Cape Cod Hospital, Island Ferry Service, USPO, and the Cape Cod Mall Retail District. Additional nearby amenities include restaurants, with access to the Mid-Cape Highway.
For sale with three tenants currently in place, the property can work for an end user seeking a central Cape Cod presence. It may also appeal to investors looking for an income-producing, multi-tenant structure. Beyond office use, the site is positioned for consideration of redevelopment to multi-family residential, or a long-term hold strategy consistent with the existing building and site improvements.
Located at 765 Attucks Lane in Hyannis, Cape Cod, the building is described as minutes from the Route 132 retail hub, Cape Cod Hospital, Island Ferry Service, USPO, and the Cape Cod Mall Retail District. Additional nearby amenities include restaurants, with access to the Mid-Cape Highway.
For sale with three tenants currently in place, the property can work for an end user seeking a central Cape Cod presence. It may also appeal to investors looking for an income-producing, multi-tenant structure. Beyond office use, the site is positioned for consideration of redevelopment to multi-family residential, or a long-term hold strategy consistent with the existing building and site improvements.
Key Highlights
- 17,713 SF multi‑story, multi‑tenant building built in 1972 with elevator access
- Multi‑tenant office/commercial site on a 2.81‑acre waterfront/pond view lot (2 parcels: 2.32 and 0.49)
- On‑site parking: 53‑space surface parking lot for employees and visitors
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $446.4k | $25.20 |
| − Vacancy | −$29.0k | −$1.64 |
| EGI | $417.4k | $23.56 |
| − OpEx | −$166.9k | −$9.42 |
| NOI | $250.4k | $14.14 |
17,713 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$5.32M
$4.65M – $6.21M
NOI $372,398 @ 7.0% cap · market cap 10.66%
Second Best
Healthcare Medical
$3.58M
$3.13M – $4.17M
NOI $250,412 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$7.22M
$6.32M – $8.42M
NOI $505,271 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Multi-tenant office building on a waterfront-pond view site with parking and elevator access near major Cape Cod services.
Where is this office building located?
The property is located at 765 Attucks Lane Hyannis, MA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 17,713 SF multi‑story, multi‑tenant building built in 1972 with elevator access; Multi‑tenant office/commercial site on a 2.81‑acre waterfront/pond view lot (2 parcels: 2.32 and 0.49); On‑site parking: 53‑space surface parking lot for employees and visitors
