Fifth-Floor Office
For Sale
Contact for pricing
100 Corporate Pl # 500, Peabody, MA 01960
Professional office layout with private rooms, reception, kitchenette, nearby restrooms, and on-site parking.
Property Size1,869 SF
Price / SF$0.01
Days on Market237
Property Features for 100 Corporate Pl # 500
General Information
Standard status
Active
Size
1,869 SF
Property subtype
Commercial
Zoning
BR1
Lease Type
Net
Additional Details
Floor
5
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$165,995
Building Details
Building Size
1,869 SF
Year Built
2024
Listing Agency:
J.M.I. Investment Properties
Listed By:
Julie Ilyas
(617) 888-5588
Source:
Churchillprop
Added: Feb 25
Changed: Oct 6
Last Checked: Oct 19 at 3:36AM
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 J.M.I. Investment Properties
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Investment Insights
Based on property information with market context.
Located on the fifth floor of Peabody Corporate Center, this 1869-square-foot office unit offers a practical layout for professional operations. The space includes five offices or conference rooms, a reception area, and a kitchenette, with two restrooms positioned immediately outside the unit. Parking is available for occupants and visitors.
The property is situated at 100 Corporate Pl in Peabody, off Route 95 and near Route 128 and Route 1. Built in 2024, the office is within a building designated BR1 zoning. Its existing room configuration and reception area provide a ready framework for a range of office-based uses.
The property is situated at 100 Corporate Pl in Peabody, off Route 95 and near Route 128 and Route 1. Built in 2024, the office is within a building designated BR1 zoning. Its existing room configuration and reception area provide a ready framework for a range of office-based uses.
Key Highlights
- 1869 sq.ft. fifth‑floor office unit
- Five offices or conference rooms plus reception area
- Kitchenette included within the office layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,095
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,041,900
$1.0M
Cap Rate 7%
$744,214
$744.2K
Cap Rate 9%
$578,833
$578.8K
Market Conditions
NOI Build-Up for 1,869 SF
Gross rent
$85.2K $45.60/SF
− Vacancy
−$15.8K −$8.44/SF
EGI
$69.5K $37.16/SF
− OpEx
−$17.4K −$9.29/SF
NOI
$52.1K $27.87/SF
Area
Essex County, MA
Vacancy
18.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,041,900
Cap Rate 7%
$744,214
Cap Rate 9%
$578,833
Alternative Uses
Best Use
Office B
$744.2K
$651.2K – $868.3K
NOI $52,095 @ 7.0% cap · market cap 236,795.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$968.1K – $1.29M
NOI $77,451 @ 7.0% cap · market cap 352,050.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office layout with private rooms, reception, kitchenette, nearby restrooms, and on-site parking.
Where is this office unit located?
The property is located at 100 Corporate Pl # 500 Peabody, MA.
What are key features of this property?
This property features: 1869 sq.ft. fifth‑floor office unit; Five offices or conference rooms plus reception area; Kitchenette included within the office layout
