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New Flex Space For Lease

128 Newbury Street, Peabody, MA 01960

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For Lease

$3,500/Mo $1.75 SF/Yr (calc)

New 1,500 SF flex space bays available for lease.

Property size:

24,000 SF

HighLights

Excellent location directly off Route 1 southbound, with easy access to Route 128, I‑95, and the North Shore.
New construction (completion expected May/June 2026) with modern features.
Flexible unit sizes: 1,500 SF bays can be combined for larger contiguous space.
Each unit includes a 14' x 14' overhead drive‑in door for easy access.
Each bay includes two dedicated parking spaces, plus visitor parking.
Future expansion opportunities with a second 15,000 SF building planned for Late Summer 2026.

We can help!

Listing Contact

Brian Reardon

Learn more

For Lease

$3,500/Mo $1.75 SF/Yr (calc)

New 1,500 SF flex space bays available for lease.

Property size:

24,000 SF

Added:: Apr 25, 2026
Days on Market:: 48
Last Refresh:: Apr 25 at 6:39 am

Property Features for 128 Newbury Street

General Information

Standard status: Active
Size: 24,000 SF

Building Details

Year Built: 2026

We can help!

Listing Contact

Brian Reardon

Listing agent Brian Reardon

Listing office Five Mark Realty Group LLC

Listing date Apr 25, 2026

Source Liongatere

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 Five Mark Realty Group LLC

HighLights

Excellent location directly off Route 1 southbound, with easy access to Route 128, I‑95, and the North Shore.
New construction (completion expected May/June 2026) with modern features.
Flexible unit sizes: 1,500 SF bays can be combined for larger contiguous space.
Each unit includes a 14' x 14' overhead drive‑in door for easy access.
Each bay includes two dedicated parking spaces, plus visitor parking.
Future expansion opportunities with a second 15,000 SF building planned for Late Summer 2026.

Overview

This 24,000 SF commercial building is being divided into sixteen 1,500 SF bays, suitable for contractors, gyms, trades, and light industrial users. Each unit includes a 14' x 14' overhead drive-in door for access. Each bay has two dedicated parking spaces, with additional visitor parking available on-site. Ownership is open to combining multiple units for tenants needing larger space. A second industrial building totaling approximately 15,000 SF is planned for delivery in Late Summer 2026, providing future expansion opportunities. The property is located directly off Route 1 southbound, offering accessibility to Route 128, I-95, and the greater North Shore market. The 24,000 SF building is expected to be completed by May/ June 2026.

Location Intelligence

Current Use by Public Records

Zero Newbury Street Storage Facility

Suggested Use

Location Insight

Map
Local Demand

City: Peabody
County: Essex
State: Massachusetts
Longitude: -70.9908869
Latitude: 42.5350665

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For lease
Flex space
MA
Peabody
01960
128 Newbury Street

What type of property is this?

Flex space - New 1,500 SF flex space bays available for lease.

Where is this flex space located?

The property is located at 128 Newbury Street Peabody, MA.

What is the lease rate?

The lease rate is $3,500 /Mo.

What are key features of this property?

This property features: Excellent location directly off Route 1 southbound, with easy access to Route 128, I‑95, and the North Shore.; New construction (completion expected May/June 2026) with modern features.; Flexible unit sizes: **1,500 SF bays can be combined** for larger contiguous space.