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Office Building with Covered Parking
For Lease
Contact for pricing

5 Centennial Dr, Peabody, MA 01960

Flexible floor plates with ample parking, including covered spaces, near dining and retail amenities.

Space Size6,400 SF
Days on Market902

Property Features for 5 Centennial Dr

General Information

Standard status Active
Size 6,400 SF
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Amenities

dining options
retail
restaurants
hotels
fitness facilities

Spaces For Lease

at 5 Centennial Dr Contact us

5 Centennial Dr

Floor
3
Size
6,400 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, 30 Days
Sublease
No
- Suitable for companies across a variety of industries - Flexible floor plates -...
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Listing Agency: JLL | Boston
Listed By: Carly Kiernan · License #9520212-RE-B
Source: Moodyscre
Added: Feb 29, 2024 Changed: Aug 8 Last Checked: Aug 19 at 9:46AM

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 JLL | Boston

Investment Insights

Based on property information with market context.

This office building offers flexible floor plates suitable for companies across a variety of industries. The property also provides ample parking, including sought-after covered spaces.

Located directly off Route 95, Route 1, and Route 128, the building supports convenient access for occupants and visitors. Immediate proximity to numerous dining options and nearby amenities that include retail, restaurants, and hotels adds day-to-day convenience.

With flexible interior layouts and parking designed to accommodate tenant needs, the space is positioned to work for a range of professional users looking for straightforward access to major routes and surrounding services.

Key Highlights

  • Flexible floor plates suitable for companies across a variety of industries
  • Ample parking available, including sought‑after covered spaces
  • Direct access to major routes: Route 95, Route 1, and Route 128

Property Analytics

Current Use

iDataCollect (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Parts Store Pharmacy Parking Lot & Garage

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

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 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 building - Flexible floor plates with ample parking, including covered spaces, near dining and retail amenities.
Where is this office building located?
The property is located at 5 Centennial Dr Peabody, MA.
What are key features of this property?
This property features: Flexible floor plates suitable for companies across a variety of industries; Ample parking available, including sought‑after covered spaces; Direct access to major routes: Route 95, Route 1, and Route 128
(617) 316-6529 Call to check price and availability
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