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Petco-Anchored Retail Plaza
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10 Sylvan St, Peabody, MA 01960

Multi-tenant retail property at a signalized intersection with three access points and ample parking.

Property Size22,712 SF
Lot Size2.40 Acres
Days on Market144

Property Features for 10 Sylvan St

General Information

Standard status Active
Size 22,712 SF
Lot size 2.40 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Petco, Bagel World, Atha's Roast Beef & Pizza
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Todd Tremblay · License #MA 9​5​0​4​1​4​5
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:03AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

Petco Plaza comprises a 22,712-square-foot retail plaza on a 2.40-acre corner parcel. Petco anchors the property and occupies over 76% of the space, while Bagel World and Atha’s Roast Beef & Pizza are additional occupants. Petco has operated at this location for over 24 years and recently extended its lease by 10 years. The current term has over 6 years remaining, followed by two 5-year renewal options.

The property fronts the Route 114 corridor at the signalized intersection of Sylvan Street and Andover Street. Three access points, ample parking, and strong frontage support convenient customer access. The site is down the street from Northshore Mall, near the junction of Route 114 and Route 128, within a retail area occupied by national retailers and local businesses.

Key Highlights

  • 22,712‑square‑foot retail plaza on a 2.40‑acre corner parcel
  • Petco occupies over 76% of the property and has operated at the site for over 24 years
  • Petco lease includes over 6 years remaining plus two 5‑year renewal options

Property Analytics

Current Use

Aztec Heating & Air ... HVAC Service Atha's Roast Beef ... Restaurant Petco Vaccination Clinic Veterinary Clinic Petco (Bike/Boat/Book/etc) Store Bagel World (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Hotel & Motel Garden Center Pharmacy

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,443
Businesses Nearby
590k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 42% Dining 31% Shops & Services 22% Home Improvements & Furnishings 2%
Macy's Apparel
124,558 visits/mo 0.4 miles
JCPenney Apparel
66,012 visits/mo 0.5 miles
The Cheesecake Factory Dining
65,741 visits/mo 0.5 miles
Nordstrom Apparel
56,187 visits/mo 0.5 miles
Barnes & Noble Shops & Services
36,505 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property at a signalized intersection with three access points and ample parking.
Where is this shopping center located?
The property is located at 10 Sylvan St Peabody, MA.
What are key features of this property?
This property features: 22,712‑square‑foot retail plaza on a 2.40‑acre corner parcel; Petco occupies over 76% of the property and has operated at the site for over 24 years; Petco lease includes over 6 years remaining plus two 5‑year renewal options
More about this property
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