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Danvers Crossing 8-10 Newbury St 10,500 - 26,374 SF of Retail Space Available in Danvers, MA 01923
Highlights
- Super-regional trade area with ~45,000 vehicles per day along Route 1
- Prominent pylon signage, easy I-95 access, and ample parking field
- Directly across from high-volume Costco driving strong traffic and co-tenancy
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 15,874 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
8-10 Newbury St - 1st Floor
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
8-10 Newbury St - 1st Floor
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Danvers Crossing
- Tenant
- Description
- US Locations
- Reach
- ABC Supply Co Inc
- Other Services
- 1,768
- International
- ABC Supply Co., Inc.
- Other Services
- 1,768
- International
- Dollar Tree
- Retailer
- -
- -
- Harbor Freight Tools
- Hardware
- 1,700
- National
- Planet Fitness
- Fitness
- 3,248
- International
- Salem Plumbing Supply
- Hardware
- 3
- Local
| Tenant | Description | US Locations | Reach |
| ABC Supply Co Inc | Other Services | 1,768 | International |
| ABC Supply Co., Inc. | Other Services | 1,768 | International |
| Dollar Tree | Retailer | - | - |
| Harbor Freight Tools | Hardware | 1,700 | National |
| Planet Fitness | Fitness | 3,248 | International |
| Salem Plumbing Supply | Hardware | 3 | Local |
Property Facts
| Total Space Available | 26,374 SF | Frontage | 264’ on Newbury St |
| Center Type | Community Center | Gross Leasable Area | 195,526 SF |
| Parking | 2219 Spaces | Total Land Area | 74.07 AC |
| Stores | 13 | Year Built | 1993 |
| Center Properties | 6 | Cross Streets | Archmeadow Dr |
| Total Space Available | 26,374 SF |
| Center Type | Community Center |
| Parking | 2219 Spaces |
| Stores | 13 |
| Center Properties | 6 |
| Frontage | 264’ on Newbury St |
| Gross Leasable Area | 195,526 SF |
| Total Land Area | 74.07 AC |
| Year Built | 1993 |
| Cross Streets | Archmeadow Dr |
About the Property
Danvers Crossing is a premier retail destination strategically located along Route 1 in Danvers, Massachusetts, within a super-regional trade area that sees approximately 45,000 vehicles per day. The property offers exceptional visibility, high-profile pylon signage, and convenient access to I-95, making it an ideal location for retailers seeking strong exposure and accessibility. The center benefits from a dynamic tenant mix and is positioned directly across from a high-volume Costco, driving consistent consumer traffic and creating strong co-tenancy synergy. With a total gross leasable area of approximately 195,526 square feet, Danvers Crossing provides flexible leasing options, including two available spaces of 10,500 SF and 15,874 SF, suitable for a variety of retail concepts. The property features a large parking field with over 2,200 spaces, ensuring convenience for shoppers and employees. Its location within a thriving commercial corridor, combined with excellent highway connectivity and robust demographics, makes Danvers Crossing an outstanding opportunity for retailers looking to establish or expand their presence in the Greater Boston market.
- Dedicated Turn Lane
- Pylon Sign
Nearby Major Retailers
Presented by
Danvers Crossing | 8-10 Newbury St
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