1555 Iyannough Rd Barnstable, MA 02601
- Office Properties & Spaces
- 7,434 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1555 Iyannough Rd
- Year built
- 2014
- Property size
- 7,434 SF
- Property type
- Office Properties & Spaces
Description
This exceptional two-building office portfolio, located at 1555 and 1575 Iyannough Rd in Barnstable, MA 02601, presents a compelling investment opportunity. Built in 2014, the property boasts a total of 26,304 net rentable square feet, spread across two well-maintained buildings. Currently enjoying a 95% occupancy rate with quality tenants, the portfolio offers a strong cash flow with a 6.80% cap rate and an asking price of $10,500,000 ($399.18/sq ft). Individual suites range from 7,434 to 18,870 square feet, making it suitable for a variety of businesses. The property benefits from ample on-site parking, convenient access to Route 132, and proximity to local amenities such as the Hyannis Golf Course and Marylou's Coffee. Its location in the heart of Hyannis provides easy access to the entire Cape Cod area, offering both employees and clients a desirable and convenient location. The modern finishes and well-maintained infrastructure contribute to the property's high appeal and strong tenant retention. This is a rare opportunity to acquire a high-performing, well-located office portfolio in a thriving market. The lease type is NN+. The tenancy is multi-tenant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Barnstable
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.3207
- Latitude
- 41.6785
