Listed by SURMOUNT
$4,618,842
Teamshares (DBA RPM Carpets)
Details
Property Type Retail
Sub Type General
Square Footage 9,664
Cap Rate 6.5%
NOI $300,225
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20
Lease Expiration 08/31/2045
Remaining Term 19.2
Rent Bumps Yes
Lease Options 4, 5-Year Options
Year Built 2005
Year Renovated 2011
Acreage 2.950
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/25/2025
Ground Lease No
Ownership Fee Simple
About This Property
Marketing description
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.
Investment highlights
- Corporate Guarantee | The subject property is backed by a corporate guarantee from Teamshares , a forward - thinking company, with ~100 companies, revolutionizing small business ownership by transitioning businesses to employee ownership. Teamshares ’ robust financial foundation and innovative model ensure a high level of security and reliability for investors.
- Attractive Rental Increases | This investment opportunity features attractive rental increases, ensuring steady income growth over time. Rent is adjusted annually by 2.00% of the base rent from the proceeding lease year, providing a built - in mechanism for rental income to keep pace with inflation.
- Situated in an Affluent Community | The subject investment property benefits from being located in an affluent Cape Cod community where the average household income within a five - mile radius exceeds $127,800.
- Local Brand with a Successful, Long - Term Operating History | RPM Carpets is a long - standing Harwich Massachusetts institution that was founded in 1985 and has been successfully operating for +40 years, demonstrating long - term viability and strong local brand loyalty.
- Strong Unit - Level Performance | This RPM Carpets property benefits from strong, underlying unit - level performance. Please contact the listing team for additional details.
- Impressive Growth and Industry Leadership | In just four years, Teamshares has emerged as the largest owner of independent small and medium - sized businesses (SMBs) and the only scaled player in this fragmented industry.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$300,225.00
$25,018.75/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Map
Zoning
C-H-2 CommercialSpecial CommercialCommercial Highway
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View all 89 uses Last updated Jun 10, 2026 For deeper zoning details, reports are available at Zoneomics
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