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Peabody Office, Medical, Flex Space

10 Centennial Drive, Peabody, MA

For Lease
Contact for pricing

Amenitized office, medical, and flex building in Peabody, Massachusetts.

Space Size25,215 SF - 86,152 SF
Lot Size25.72 Acres
Days on Market547

Property Features for 10 Centennial Drive

General Information

Standard status Active
Size 25,215 SF - 86,152 SF
Lot size 25.72 Acres
Property subtype FLEX_R_AND_D
Lease Type NNN

Spaces For Lease

at 10 Centennial Drive Contact us

10 Centennial Dr AVAILABLE, Now

Floor 2
Size 25,215 SF
Type FLEX_R_AND_D
Rate Contact for pricing
Sublease No
- 10 Centennial Drive is a full amenitized office, medical, and flex building with the ability to provide both class A office and high-end R&D space. - Half the building is home to The North Shore Boston Children’s Hospital. - The facility is a two-story, 327,849 Square Foot office building in Peabody’s Centennial Technology Center. - It is an attractive brick and precast building, set on a rise, with an excellent window line to bring in natural light. Ample, free parking, surrounds the building.
Contact us

10 Centennial Dr AVAILABLE, Now

Floor 2
Size 62,074 SF
Type FLEX_R_AND_D
Rate Contact for pricing
Sublease No
- 10 Centennial Drive is a full amenitized office, medical, and flex building with the ability to provide both class A office and high-end R&D space. - Half the building is home to The North Shore Boston Children’s Hospital. - The facility is a two-story, 327,849 Square Foot office building in Peabody’s Centennial Technology Center. - It is an attractive brick and precast building, set on a rise, with an excellent window line to bring in natural light. Ample, free parking, surrounds the building.
Contact us

10 Centennial Drive $11/SF/Yr

Floor 2
Size 86,152 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease Yes
- The property is located close to I-95 and is currently being renovated to accommodate mixed-uses.
Contact us

Centennial Technology Center $11/SF/Yr

Floor 1
Type FLEX_R_AND_D
Lease Type NNN
Availability AVAILABLE
Sublease Yes
Contact us
Listing Agency: Cushman & Wakefield | Boston
Listed By: Nicholas Bruha
Source: Moodyscre
Added: May 13, 2025 Changed: Nov 3 Last Checked: Nov 10 at 11:43AM

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 Cushman & Wakefield | Boston

Rey
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Investment Insights

Based on property information with market context.

Located in Peabody’s Centennial Technology Center, 10 Centennial Drive is a two-story, 327,849 square foot facility that offers office, medical, and flex space. The building features an attractive brick and precast exterior and a window line designed to maximize natural light. Ample, free parking is available around the building. Half of the building is occupied by The North Shore Boston Children’s Hospital. Available space is 25,215 square feet.

Key Highlights

  • Full amenitized building suitable for office, medical, and flex use, offering both Class A office and high‑end R&D space.
  • Home to The North Shore Boston Children’s Hospital.
  • Substantial size: 327,849 Square Foot office building.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

BELINDA S LENNERZ Pediatrician Oxford Graphics (Bike/Boat/Book/etc) Store Richard Lipman, MD Pediatrician Carr Maureen P Physician Carol Anne O'leary, ... Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Parts Store Gym & Fitness Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Peabody, MA

$24.36 /SF/Yr
Avg Asking Price
$5.5–$44 /SF/Yr
Price Range
4,195 SF
Avg Space Size

This space is priced 55% below the average of $24.36 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Peabody, MA

$27.83 Jul
$23.55 Aug
$23.14 Sep
$25.64 Oct

Properties on Market for Office Units in Peabody

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Amenitized office, medical, and flex building in Peabody, Massachusetts.
Where is this office unit located?
The property is located at 10 Centennial Drive Peabody, MA.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Full amenitized building suitable for office, medical, and flex use, offering both Class A office and high‑end R&D space.; Home to The North Shore Boston Children’s Hospital.; Substantial size: **327,849 Square Foot office building.**
(617) 204-4150 · Office Call to check price and availability
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