Falmouth Retail Space for Rent or Sale

Market

Falmouth, located in Barnstable County on the tip of Cape Cod, has a population of approximately 31,400 with a median upper-class level income. The city has more people employed in the fields of mathematics and computers than most other communities. It is a seasonal resort community with ferries running to Martha's Vineyard, so many businesses are only open during the peak summer tourist season. This leaves much of the retail property empty during off-season. That is an issue for property owners who want to lease or sell property unless someone creates a successful year round idea for permanent residents or a business that caters to permanent residents from the fall to the spring. The city is comprised of the following neighborhoods that feature medium-priced, owner-occupied, single-family homes.

Click Here to Search

Retail Space

Town Center
The North Side and the West Side
The Heights and National Graduate School of Quality Management
East Side
Hatchville and Saconesset Hills
Teaticket
Smalltown and Waquoit Village

Basic Choices -- Buy or Lease and Type of Property

Before you start looking at commercial property for your retail business, you need to decide if you want to buy or lease the property. If you decide to buy the property that will house your business, you will have equity in an asset that should appreciate in value, and the monthly cost of owning your property will be a fixed expense as opposed to rent that can be increased. You will also gain advantages, such as tax breaks and deductions from ownership. Finally, if you own the property, you do not have to worry about your landlord selling the property or requesting that you move, and you can make any changes to the property that you desire.

If you decide to lease, you will not have to use funds that could be allocated for inventory and operations to cover the down payment, deposit, appraisal, and other costs. You may not have to pay for maintenance and repairs on the property that can arise at inopportune times. In addition, there are more property options to choose if you lease, and you can move more easily if you want a larger or smaller space or a different location. Leasing also makes it easier to coordinate your location with other businesses that complement your business. Leases can either be a gross lease, a net lease, or a modified lease that includes features of both the gross and net lease. A gross lease requires you to pay a set amount each month, and the landlord pays the taxes, insurance, and the maintenance costs. Net leases offer a less expensive rental amount, but you pay part or all of the taxes, insurance, and maintenance cost.

Now, you need to decide if you want to be located in a single-tenant space or a multi-tenant property, and if you want to be in a new build or an adaptive, reuse location. You also need to consider commercial space that is dedicated solely to retail space or a retail space that is on the ground floor of a multi-use residential or commercial building. Once you have made these decisions, you are ready to do a property search.

Our Services

After you have decided what factors are important in the commercial space you want, register on our site and check our large database to see what properties are available that match your search. Our database includes up-to-the-minute listings from multiple real estate agencies. The database includes property for sale or lease with photos, virtual tours, and addresses. You will also receive a daily e-mail with the latest property listings.

We will connect you with one of our knowledgeable agents, who will be able to inform you about the latest current and expected market trends and conditions. Some of this information is available on our website along with articles and tools to help you when you are buying, selling, or investing in retail real estate. Our agents can also share information about vacancy rates, asking rates, zoning restrictions, and development in the area. When you have selected the property that you want, our agent can help you negotiate the sale or lease.

If you have retail space that you want to sell or lease, one of our agents can provide you with a market analysis that includes current and future market trends, asking prices, and whether it is a good time to possibly sell your property. Our agents can help you develop a market plan, and our large database will help you reach more clients. Our agents can also help you select and negotiate with a potential buyer or lessee.

Click Here to Search

Retail Space