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    Iyannough Rd. & Independence Dr Barnstable, MA 02601

    Sponsored
    For Lease
    Contact for pricing

    Prime Cape Cod Retail Space Available

    Lot size:
    231,883 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Festival at Hyannis Shopping Center presents a compelling investment opportunity in the thriving retail hub of Hyannis, Massachusetts. This established strip center, located at the intersection of Iyannough Road and Independence Drive in Barnstable County (zip code 02601), offers a total of 231,883 square feet of retail and restaurant space. Currently, there are 3,950 square feet of vacant space available, divisible into units ranging from a minimum of 1,550 square feet to a maximum contiguous space of 2,400 square feet. The property boasts ample parking with 1,206 spaces, ensuring convenient access for customers. Situated in the largest town within Barnstable County on Cape Cod, this center serves as a key shopping destination, benefiting from its strategic location within the bustling Hyannis retail market. The property's high visibility and convenient access make it an ideal location for a variety of retail and restaurant businesses seeking to establish a presence in this popular Cape Cod destination. This is a rare opportunity to acquire a well-positioned retail property in a high-traffic area with significant growth potential. The available space offers flexibility for businesses of various sizes, making it an attractive option for both established brands and emerging enterprises. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 0 Iyannough Rd. & Independence Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    231,883 SF

    Unit(s) available at that property

    Space
    Suite 1
    Size
    2,400 SF
    Space
    Suite 18
    Size
    1,550 SF

    HighLights

    • 231,883 square feet of retail and restaurant space.
    • 1,206 parking spaces.
    • Located in Barnstable Town, MA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Barnstable
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.30478
    Latitude
    41.675132

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Cape Cod Retail Space Available
    Where is this neighborhood center located?
    The property is located at Iyannough Rd. & Independence Dr Barnstable, MA.
    What are key features of this property?
    This property features: 231,883 square feet of retail and restaurant space.; 1,206 parking spaces.; Located in Barnstable Town, MA.
    Request Owner's contact information
    Iyannough Rd. & Independence Dr Barnstable, MA 02601
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    Barnstable, MA 02601
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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
    Iyannough Rd. & Independence Dr Barnstable, MA 02601
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