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Teamshares (DBA RPM Carpets) 192 Route 137 9,664 SF Retail Building Harwich, MA 02645 $6,140,019 CAD ($635.35 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Corporate Guarantee
- Situated in an Affluent Community
- Strong Unit - Level Performance
- Attractive Rental Increases
- Local Brand with a Successful, Long - Term Operating History
- Impressive Growth and Industry Leadership
Executive Summary
Surmount is pleased to present the exclusive listing for a Teamshares property (DBA RPM Carpets) located at 192 Massachusetts 137, Harwich, MA 02645. The site consists of roughly 9,664 rentable square feet of building space on an estimated 2.95-acre parcel of land. Teamshares is subject to a 20-year Triple Net (NNN) lease, which commenced 8/25/2025. The current annual rent is $300,225 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,664 SF
Building Class
C
Year Built/Renovated
2005/2011
Price
$6,140,019 CAD
Price Per SF
$635.35 CAD
Cap Rate
6.75%
NOI
$414,452 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.95 AC
Zoning
R
Frontage
211’ on Brewster-Chatham Road
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | HARW-000097-000000-S000002 | Improvements Assessment | $1,614,598 CAD |
| Land Assessment | $1,270,170 CAD | Total Assessment | $2,884,768 CAD |
Property Taxes
Parcel Number
HARW-000097-000000-S000002
Land Assessment
$1,270,170 CAD
Improvements Assessment
$1,614,598 CAD
Total Assessment
$2,884,768 CAD
Contacts
-
Edward Otocka -
Ryan Sblendorio -
Gordon Pollock -
Joseph Kelly -
Glen Kunofsky -
Christopher Marks -
Surmount
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Teamshares (DBA RPM Carpets) | 192 Route 137
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