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Peabody Office, Medical, Flex Space
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10 Centennial Drive, Peabody, MA

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

Space Size25,215 SF - 86,152 SF
Lot Size25.72 Acres
Days on Market456

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

Floor
2
Size
25,215 SF
Type
FLEX_R_AND_D
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 10 Centennial Drive is a full amenitized office, medical, and flex building with...
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Contact us

10 Centennial Dr

Floor
2
Size
62,074 SF
Type
FLEX_R_AND_D
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 10 Centennial Drive is a full amenitized office, medical, and flex building with...
show more
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...
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Listing Agency: Newmark | Boston
Listed By: Richard Ruggiero
Source: Moodyscre
Added: May 13, 2025 Changed: Aug 9 Last Checked: Aug 10 at 6:41AM

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.

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

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

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

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby

Market

Lease Benchmarks for Peabody, MA

$25.55 /SF/Yr
Avg Asking Price
$5.5–$44 /SF/Yr
Price Range
4,200 SF
Avg Space Size

This space is priced 57% below the average of $25.55 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Amenitized office, medical, and flex building in Peabody, Massachusetts.
Where is this office units 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) 863-8550 Call to check price and availability
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