Your email has been sent.
82 Newbury St 2,880 SF of Retail Space Available in Peabody, MA 01960
HIGHLIGHTS
- Traffic Count Averaging 70,000 vehicles per day
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,880 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $80,405 CAD/YR $6,700 CAD/MO | Triple Net (NNN) |
1st Floor
Approximately 2,900 square feet of prime retail space is available along the highly traveled Route 1 corridor in Peabody, Massachusetts. This property offers exceptional visibility and accessibility in one of the North Shore’s most active commercial districts, with an estimated traffic count exceeding 70,000 vehicles per day. The open floor plan provides flexibility for a wide range of retail, showroom, or service-oriented uses, while large display windows and prominent signage opportunities ensure maximum exposure to passing traffic. The site features ample on-site parking, convenient ingress and egress, and close proximity to major roadways including I-95 and Route 128, offering seamless regional access. Surrounded by national retailers, restaurants, and automotive businesses, this location attracts steady consumer activity throughout the day. Ideal for retailers, specialty shops, and other businesses seeking a high-visibility presence on Route 1.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Recessed Lighting
- Plug & Play
- After Hours HVAC Available
- High traffic: 70,000 vehicles per day
- Pylon sign with great visibility
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.
PROPERTY FACTS
| Total Space Available | 2,880 SF | Year Built/Renovated | 1969/1989 |
| Property Type | Retail | Parking Ratio | 4.02/1,000 SF |
| Property Subtype | Restaurant | Cross Streets | Route 1 S |
| Gross Leasable Area | 16,164 SF |
| Total Space Available | 2,880 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 16,164 SF |
| Year Built/Renovated | 1969/1989 |
| Parking Ratio | 4.02/1,000 SF |
| Cross Streets | Route 1 S |
ABOUT THE PROPERTY
Located on the high-visibility Route 1 retail corridor in Peabody, Massachusetts, 82 Newbury Street is a two-story commercial building offering approximately 16,164 square feet of gross leasable area on a 1.19-acre lot. The property provides outstanding visibility and accessibility, with prominent frontage and multiple signage opportunities along the heavily traveled Route 1 corridor, which sees an estimated 70,000 vehicles per day. The building features a new illuminated pylon sign at the roadway and private elevator access servicing the upper floor. Interior improvements include central air and heat, along with adaptable layouts suitable for a range of commercial configurations. The site offers ample on-site parking and convenient ingress and egress, ensuring easy customer flow and accessibility for tenants. Strategically positioned amid a vibrant mix of retail, service, and automotive-related businesses, 82 Newbury Street benefits from proximity to major highways including I-95 and Route 128, as well as a dense regional customer base throughout the North Shore. The property’s layout and infrastructure support flexible build-outs for showrooms, specialty retail, professional services, or light office uses. With an established gym already operating within the building, ownership seeks complementary tenants that will enhance the existing mix and capitalize on the property’s strong traffic and visibility.
- Pylon Sign
- Signage
- Recessed Lighting
- Air Conditioning
Presented by
82 Newbury St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.