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Investment Highlights

  • LONG-TERM, ESTABLISHED ANCHOR TENANCY
  • NEAR-TERM INDUSTRIAL/FLEX LEASING OPPORTUNITY
  • DIVERSIFIED, DURABLE RENT ROLL

Executive Summary

Newmark’s Boston Capital Markets Group has been exclusively retained to sell 9 Centennial Drive, a premier multi-tenant industrial/flex asset in Peabody, Massachusetts. Comprising 74,791 square feet within the highly regarded Centennial Park business district, the offering provides exceptional diversity and durability of in-place cash flow complemented by significant mixed-use upside, anchored by a diversified roster of tenants including long-term occupant Amergent.

Data Room Click Here to Access

Property Facts

Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Flex Research & Development
  • Office Office Residential
Building Class B
Lot Size 5.13 AC
Rentable Building Area 74,791 SF
No. Stories 2
Year Built/Renovated 1986/2020
Parking Ratio 3.02/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 2
Zoning C - Commercial

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Moore is a leading constituent experience management company focused on the integration of the donor experience across all platforms, channels and devices. Moore is the largest marketing and fundraising company in North America serving the nonprofit industry with over 4,100 employees in 42 locations. The company provides strategy, creative, production, media, data and analytic services powered by an ongoing investment in next-generation artificial intelligence and machine learning. Moore's mission is to fuel clients’ growth by leading on insights, technology, and dedicated service.

  • Wholesaler
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Since 1995, Atlantic Semi has been a leading provider of electronic components and computer products to OEMs and CMs worldwide. Their clients range from Fortune 500 companies to small independent businesses. Family owned and operated, they've cultivated global relationships with these partners over many years of personalized service and dedication with their satisfaction in mind. Atlantic prides themselves in partnering with OEMs and CMs to help them dispose of their excess, obsolete and slow moving inventory. This gives them the competitive advantage to assist other customers in fulfilling hard to find requirements and enables them to offer cost saving opportunities.

  • BioPhysics
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Real Estate
  • 99,999 SF
  • -
  • -
  • Jan 0000

Regus began as a flexible workspace business founded in Brussels by Mark Dixon and later became part of the International Workplace Group portfolio as the wider business expanded. The company provides serviced offices, coworking space, virtual offices, meeting rooms, and related workspace services for start-ups, enterprises, freelancers, and mobile teams. Regus operates within a broad international network of flexible work locations and serves organizations that want short-term or long-term workspace options instead of traditional office leases. The business remains centered on professional workspace solutions that support hybrid work, collaboration, and day-to-day operations across many sectors.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Wholesaler 99,999 SF $9.99 Lorem Ipsum Jan 0000
BioPhysics Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Real Estate 99,999 SF - - Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,229 SF
  • Flex
  • Full Build-Out
  • Now

The available first-floor spaces at 9 Centennial Drive offer flexible R&D, office, or lab environments within a modern, 74,801 RSF building located in Peabody’s highly accessible business corridor. 3,229 sf feature abundant natural light, shared tailboard loading docks, an onsite café, and an updated energy management system. With 171 surface parking spaces, elevator access, and immediate connectivity to I-95, Route 1, and Route 114, the property provides an efficient setting for companies seeking convenient, high-visibility space in a vibrant commercial area.

  • 1st Floor
  • 21,804 SF
  • Office
  • Full Build-Out
  • Now

The available first-floor spaces at 9 Centennial Drive offer flexible R&D, office, or lab environments within a modern, 74,801 RSF building located in Peabody’s highly accessible business corridor. 21,804 sf feature abundant natural light, shared tailboard loading docks, an onsite café, and an updated energy management system. With 171 surface parking spaces, elevator access, and immediate connectivity to I-95, Route 1, and Route 114, the property provides an efficient setting for companies seeking convenient, high-visibility space in a vibrant commercial area.

Space Size Space Use Build-Out Available
1st Floor 3,229 SF Flex Full Build-Out Now
1st Floor 21,804 SF Office Full Build-Out Now

1st Floor

Size
3,229 SF
Space Use
Flex
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
21,804 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 3,229 SF
Space Use Flex
Build-Out Full Build-Out
Available Now

The available first-floor spaces at 9 Centennial Drive offer flexible R&D, office, or lab environments within a modern, 74,801 RSF building located in Peabody’s highly accessible business corridor. 3,229 sf feature abundant natural light, shared tailboard loading docks, an onsite café, and an updated energy management system. With 171 surface parking spaces, elevator access, and immediate connectivity to I-95, Route 1, and Route 114, the property provides an efficient setting for companies seeking convenient, high-visibility space in a vibrant commercial area.

1st Floor

Size 21,804 SF
Space Use Office
Build-Out Full Build-Out
Available Now

The available first-floor spaces at 9 Centennial Drive offer flexible R&D, office, or lab environments within a modern, 74,801 RSF building located in Peabody’s highly accessible business corridor. 21,804 sf feature abundant natural light, shared tailboard loading docks, an onsite café, and an updated energy management system. With 171 surface parking spaces, elevator access, and immediate connectivity to I-95, Route 1, and Route 114, the property provides an efficient setting for companies seeking convenient, high-visibility space in a vibrant commercial area.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
PEAB-000091-000000-000009
Land Assessment
$3,952,708 CAD
Improvements Assessment
$7,622,040 CAD
Total Assessment
$11,574,748 CAD
  • Listing ID: 41442851

  • Date on Market: 2026-07-27

  • Last Updated:

  • Address: 9 Centennial Dr, Peabody, MA 01960

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