Salem Flex for Lease - Peabody/Salem
The property offers superb visibility and exposure at the intersection of Grove St., Harmony Grove Rd., and Mason St., not far from the Peabody city line.The real estate is accessible from Rts. 128, 114, 107, and 1A., gateways to the entire North Shore. The site is a short drive to Downtown Salem, Essex County Courts, Salem Commuter Rail Station, T Bus Lines, Salem Hospital, Salem State University, and the Peabody Essex Museum. Restaurants, lodging, historical, entertainment, and cultural venues are in close proximity as well.
5,500+/- sq. ft. open floor plan featuring high ceilings and an abundance of natural light. The layout is suitable for various commercial uses including: light assembly, gallery, showroom, maker space, creative studio, and multiple office types. The unit offers a private commercial sink, shared restrooms with the adjacent tenant, and pro-rata/in-common on-site parking. The open ceiling and ductwork truly highlight the industrial feel. Receiving and distribution can be made via two sets of double doors and ramp at main entrance. Prior to the previous light industrial tenant, the premises was operated as a Social Club and Function Hall. Deal structure is triple net. RET, CAM, and Bldg. Ins. costs are currently estimated at $4.00 per sq. ft. Tenant is responsible for its own utilities.