Prime Peabody Retail Investment
1 Sylvan St, Peabody, MA 01960
Retail property with long-term leases in a strategic location.
Type:Retail
- Added:
- Mar 6, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 10:15 pm
Property Features for 1 Sylvan St
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing agent Jeremy Cyrier, CCIM License #MA #9048314 (617) 674-2043
Listing office Jeremy Cyrier (617) 674-2043
Listing date Mar 6, 2026
Source Masscommercialproperties
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Jeremy Cyrier
HighLights
- Newly signed 10‑year net lease with Veterinary Emergency Group (VEG), a national network of animal hospitals.
- VEG is investing approximately $2.5M into the premises.
- Strategic location at a signalized intersection of Route 114 (Andover Street) and Sylvan Street, offering high visibility and accessibility.
- 7‑year lease with Training by Bria.
- Strong demographics: High median household income with projected growth in the surrounding area.
- Convenient access to Route 128 (0.5 miles), Downtown Boston (17 miles), and Logan International Airport (19 miles).
Overview
This well-located retail property is strategically situated at the signalized intersection of Route 114 (Andover Street) and Sylvan Street, offering significant visibility and accessibility. The property features a newly signed 10-year net lease with Veterinary Emergency Group (VEG), with rent commencement beginning June 1, 2025. The tenant is investing approximately $2.5M into the premises. Veterinary Emergency Group (VEG) operates 24/7, including holidays, and provides immediate, high-quality treatment for pets facing urgent medical situations across 90 locations nationwide. Additionally, there is a 7-year lease with Training by Bria, a dog training service founded by Bria Tiro. The area within a one-mile radius of 1 Sylvan Street is home to approximately 10,225 residents as of 2024, with a slight projected increase to 10,311 by 2029. The median household income is estimated at $81,676 in 2024 and is expected to rise to $96,096 by 2029. The nearest highway access is via Route 128, approximately 0.5 miles away. Downtown Boston is about 17 miles south, typically a 30-minute drive under normal traffic conditions. Logan International Airport is approximately 19 miles away. Notable area tenants include Lahey Health Behavioral Services, Petco, BMW Peabody, Lifetime Fitness, Kappy's Liquors, Chase Bank, Tesla, Nordstrom, and Starbucks.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
California Closets - Peabody
Interior Design
Mane & Mani
Hair Salon
Crown Trophy
(Bike/Boat/Book/etc) Store
J Gibleys Tuxedos
(Bike/Boat/Book/etc) Store
L L Getty
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Peabody
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9443
- Latitude
- 42.5459
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail property with long-term leases in a strategic location.
Where is this retail space located?
The property is located at 1 Sylvan St Peabody, MA.
What are key features of this property?
This property features: Newly signed 10‑year net lease with Veterinary Emergency Group (VEG), a national network of animal hospitals.; VEG is investing approximately $2.5M into the premises.; Strategic location at a signalized intersection of Route 114 (Andover Street) and Sylvan Street, offering high visibility and accessibility.
