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Single-Tenant Office

Berkshire Hathaway

3256 Main St, Barnstable, MA 02630

Listing Price: $960,000

Cap Rate
5.00%
Tenant Name
KCA, LLC
Years Remaining On Lease
7.1
Guarantor
Franchisee Guarantee
Rentable SF
1,005
Lease Type
Double Net
Rent Per Square Feet
$47.76

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Berkshire Hathaway Real Estate office located at 3256 Main Street in Barnstable, Massachusetts. The site consists of roughly 1,005 rentable square feet of building space on estimated 0.13-acre parcel of land. This Berkshire Hathaway Office is subject to a 10-year absolute double-net (NN) lease, which commenced on June 11, 2019, and expires on June 10, 2029. The only landlord expense is a full replacement of the roof and HVAC system. All regular repairs and maintenance, along with all other expenses, are the responsibility of the tenant. The tenant on the lease is KCA, LLC, which owns 75% of the parent company that consists of 37 offices throughout Massachusetts and Rhode Island and roughly 950+ agents. The real estate agents for KCA have closed roughly$4,000,000,000 worth of sales and about $80,000,000 of commission. The annual rent during the term is $48,000 and the tenant has one (1), five (5) year renewal option.

Investment Highlights

  • Unique Asset in the Heart of Downtown Barnstable Village with Extremely High Barrier of Entry
  • The Tenant is Responsible for all Expenses Other Than a Full Replacement of the Roof and HVAC System | Tenant is Responsible for Maintaining and Repairing
  • Dominant Residential Brokerage Company as the Tenant on the Lease

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Single-Tenant Office

Berkshire Hathaway

Listing Price: $960,000

Cap Rate
5.00%
Tenant Name
KCA, LLC
Years Remaining On Lease
7.1
Guarantor
Franchisee Guarantee
Rentable SF
1,005
Lease Type
Double Net
Rent Per Square Feet
$47.76

Investment Highlights

  • Unique Asset in the Heart of Downtown Barnstable Village with Extremely High Barrier of Entry
  • The Tenant is Responsible for all Expenses Other Than a Full Replacement of the Roof and HVAC System | Tenant is Responsible for Maintaining and Repairing
  • Dominant Residential Brokerage Company as the Tenant on the Lease

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Berkshire Hathaway Real Estate office located at 3256 Main Street in Barnstable, Massachusetts. The site consists of roughly 1,005 rentable square feet of building space on estimated 0.13-acre parcel of land. This Berkshire Hathaway Office is subject to a 10-year absolute double-net (NN) lease, which commenced on June 11, 2019, and expires on June 10, 2029. The only landlord expense is a full replacement of the roof and HVAC system. All regular repairs and maintenance, along with all other expenses, are the responsibility of the tenant. The tenant on the lease is KCA, LLC, which owns 75% of the parent company that consists of 37 offices throughout Massachusetts and Rhode Island and roughly 950+ agents. The real estate agents for KCA have closed roughly$4,000,000,000 worth of sales and about $80,000,000 of commission. The annual rent during the term is $48,000 and the tenant has one (1), five (5) year renewal option.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

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