Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 Corporate Pl, Unit 103 Peabody, MA 01960

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    First floor office space available October 1, 2026.

    Property size:
    2,500 SF
    Lot size:
    2,500 SF

    Property Features for 100 Corporate Pl

    General Information

    Standard status
    Active
    Size
    2,500 SF

    Building Details

    Year built
    2024

    We can help!

    Listing Contact
    Julie Ilyas
    Source: Corcoran

    Listing Agency: J.M.I. Investment Properties Listing Agent: Julie Ilyas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Peabody Corporate Center Office Space

    A 2500 sqft first-floor office space will be available October 1, 2026, at Peabody Corporate Center. This professional office building is located off of 95 near 128 and Route 1. The space is move-in ready and presents an opportunity for various professions, including a doctor's office, insurance agency, legal office, accountant, sales and marketing, and labs. Two restrooms are conveniently located right outside the unit. The tenant is responsible for base rent, electric, and insurance.
    Location Intelligence

    Current Use by Public Records

    KLT Associates Inc (Bike/Boat/Book/etc) Store Michelle Cullinane, PT Physician Susan Koenig, PT Physician Walsh-Noring Rena D Physician Retirement Resources Consultant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9960402
    Latitude
    42.5187991

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Centennial Drive

      Workspaces, services and support to help you work better in Shelton
      9 Centennial Dr, Peabody, MA 01960
      View Details
    • $2,500 /Mo
      1,000 SF

      Central Peabody Retail/Office Space

      Versatile 1,000 SF space in desirable Peabody location.
      101 Foster St, Peabody, MA 01960
      View Details
    • $800 /Mo

      Downtown Peabody Office Suite

      Office suite in downtown Peabody, suitable for various uses.
      24 Main St, Peabody, MA 01960
      View Details
    • $2,500 /Mo
      Pending

      Retail Space on Main Street

      Retail space for lease with high visibility on Main Street.
      2 Main St, Peabody, MA 01960
      View Details
    • $5,500 /Mo

      Renovated Office Space with Loading

      Renovated office space with flexible lease terms and highway access.
      119 Rear Foster St, Peabody, MA 01960
      View Details
    • $29 SF/Yr

      Modern Office Suite on Route 114

      Well-maintained office space with high visibility and ample parking.
      255 Andover St, Peabody, MA 01960
      View Details
    • Contact for pricing
      1,100 SF

      Peabody Office Suite For Rent

      Centrally air-conditioned office suite in a popular office/retail corridor.
      80 Prospect St, Peabody, MA 01960
      View Details
    • Contact for pricing

      Freestanding Restaurant Space Available

      7,755 SF restaurant space with basement for lease.
      Peabody, MA 01960
      View Details
    • Contact for pricing
      4,510 SF

      Peabody Flex Space Available

      4,510 SF flex space with high ceilings and drive-in doors.
      300 Jubilee Dr, Peabody, MA 01960
      View Details
    • Contact for pricing
      10,000 SF

      First Class Flex/Industrial Facility

      60,000 SF flex/R&D facility, ideal single-user corporate headquarters.
      2 Technology Dr, Peabody, MA 01960
      View Details
    • Contact for pricing
      18,297 SF

      Peabody Office Suite with Loading

      Professional office suite with natural light and loading docks.
      1 Corporation Way, Peabody, MA 01960
      View Details
    • Contact for pricing
      7,530 SF

      First Class Office/R&D Space

      Office or R&D space in premier corporate park.
      4 Technology Dr, Peabody, MA 01960
      View Details

    FAQs

    What type of property is this?
    Office units - First floor office space available October 1, 2026.
    Where is this office units located?
    The property is located at 100 Corporate Pl, Unit 103 Peabody, MA.
    What are key features of this property?
    This property features: - 2500 sqft move-in ready office space.; - Available October 1, 2026 in a professional office building.; - Conveniently located off of 95 near 128 and Route 1.
    (617) 888-5588
    Request Owner's contact information
    100 Corporate Pl, Unit 103 Peabody, MA 01960
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Corporate Pl, Unit 103
    Peabody, MA 01960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Corporate Pl, Unit 103 Peabody, MA 01960
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Julie Ilyas
    (617) 888-5588
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!