0 Iyannough Rd. & Independence Dr Barnstable, MA 02601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.