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615 Main St
Hyannis, MA 02601
615 Main Street, Unit 13, Hyannis, MA · Retail Property For Sale

Executive Summary

Triple-Net (NNN) Lease - A tenant taking a Triple Net (NNN) lease is responsible to pay for all insurance, taxes, and Common Area Maintenance for the property. with the landlord responsible to maintain the roof and structure, This makes the property a rather “passive” investment. Built in Rental Increases / Options - Consistent rental increases annually. Tenant has two (2) five (5) year options beyond the expiration of the current five year term (expires April 30, 2024). High Traffic Counts with Excellent Site Access & Visibility - The property has a highly visible location on Main Street in Hyannis which has over 11,622 vehicles passing per day and 15,292 in the summer months, the main street in Downtown Hyannis. The property is easily accessible from Main Street and Sea Street with several parking lots nearby with ample parking for added customer convenience. Excellent Site - Cape Cod has experienced a boom in home sales and tourism since the COVID-19 “era” began making it an excellent siting location for businesses. Close to Route 28 and closest to Exits 68 (previously Exit 6) and 72 (previously Exit 7) of the Mid-Cape Highway. Above Average Household Income - The average household income within a 5 mile radius of the property is over $110,000 which is well above the national average. Experienced Operator - The franchisee Steel Horse Motorcycles has a successful track record of operating Harley Davidson dealership’s and currently operates Yankee Harley-Davidson in Bristol, CT. Long Tenant Operating History - This Harley retail store originally opened in this site in 2008 and has been in business selling motorcycle retail apparel to locals and Cape Cod Visitors alike for thirteen years.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type Retail
Building Class A
Lot Size 0.78 AC
Gross Leasable Area 33,833 SF
No. Stories 3
Year Built 1930
Parking Ratio 0.15/1,000 SF
No. Drive In / Grade-Level Doors 6
APN / Parcel ID
HYAN-000308-000000-000120-A000000
  • HYAN-000308-000000-000120-M000000
Zoning Commercial - Restaurant, Retail, Arts, Office, Medical and more.

Amenities

  • Signage
  • Signalized Intersection
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet
  • Listing ID: 24547200

  • Date on Market: 11/24/2021

  • Last Updated:

  • Address: 615 Main St, Hyannis, MA 02601

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