Search
Amenitized Office and R&D Building
For Lease
Contact for pricing

10 Centennial Drive, Peabody, MA 01960

Two-story office, medical, and flex building with ample free parking and a strong window line.

Property Size62,074 SF
Days on Market445

Property Features for 10 Centennial Drive

General Information

Standard status Active
Size 62,074 SF
Class A
Property subtype FLEX_R_AND_D

Building Details

Stories 2
Construction brick & precast
Tenancy Multi
Listing Agency: Newmark | Boston
Listed By: Richard Ruggiero
Source: Moodyscre
Added: May 13, 2025 Changed: Jul 28 Last Checked: Jul 30 at 9:00AM

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 Newmark | Boston

Investment Insights

Based on property information with market context.

10 Centennial Drive is a full amenitized office, medical, and flex building designed to accommodate both class A office space and high-end R&D space. The property is housed in an attractive two-story brick and precast structure set on a rise, with an extensive window line intended to bring in natural light.

Half of the building is home to The North Shore Boston Children’s Hospital. The facility sits within Peabody’s Centennial Technology Center and is surrounded by ample, free parking.

With its office, medical, and flex configuration, the building offers a versatile platform for tenants seeking a professional environment that supports both standard office uses and R&D-related operations.

Key Highlights

  • Two‑story 327,849 SF office/medical/flex building in Peabody’s Centennial Technology Center
  • Half the building is home to The North Shore Boston Children’s Hospital
  • Full‑amenity building with flexibility for class A office and high‑end R&D space

Property 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 Auto Parts Store Building Supply 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01960, MA

54,155
Population
23,009
Households
2.4
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,385
Density / Sq Mi
$95,173
Median Household Income
$56,100
Median Earnings
$1,902
Median Rent
$566,700
Median Home Value

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Plum Tomatoes Catering Kitchen — 145 Summit St, Peabody, MA 01960

Frequently Asked Questions

What type of property is this?
Flex space - Two-story office, medical, and flex building with ample free parking and a strong window line.
Where is this flex space located?
The property is located at 10 Centennial Drive Peabody, MA.
What are key features of this property?
This property features: Two‑story 327,849 SF office/medical/flex building in Peabody’s Centennial Technology Center; Half the building is home to The North Shore Boston Children’s Hospital; Full‑amenity building with flexibility for class A office and high‑end R&D space
(617) 863-8550 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message