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Retail Space on 2 Acres
For Lease
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15 Newbury St, Peabody, MA 01960

Single tenant retail space available for rent on 2 acres.

Space Size7,755 SF
Lot Size2.00 Acres
Days on Market171

Property Features for 15 Newbury St

General Information

Standard status Active
Size 7,755 SF
Total Parking Spaces 94
Lot size 2.00 Acres
Property subtype Retail, Restaurant

Building Details

Building Size 7,755 SF
Tenancy Single

Spaces For Lease

at 15 Newbury St Contact us

Available Space

Size
7,755 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Atlantic Retail Boston
Listed By: Adam Cirel · License #MA 9068718-RE-S
Source: Crexi
Added: Feb 21 Changed: Aug 8 Last Checked: Aug 11 at 11:38AM

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 Atlantic Retail Boston

Investment Insights

Based on property information with market context.

This is a single tenant retail space available for rent. The property is situated on a 2-acre lot.

Key Highlights

  • Single tenant property, great for investment.
  • Retail property with excellent potential.
  • Large 2 acre lot.

Property Analytics

Current Use

Pardon My Cheesesteak Restaurant

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Restaurant Law Firm Pharmacy

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

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 77% Hotels & Casinos 17% Shops & Services 6%
SONIC Drive In Dining
33,707 visits/mo 0.3 miles
Wendy's Dining
19,082 visits/mo 0.4 miles
Holiday Inn & Suites Hotels & Casinos
9,210 visits/mo 0.2 miles
7-Eleven Shops & Services
4,345 visits/mo 0.0 miles
Homewood Suites Peabody Hotels & Casinos
2,095 visits/mo 0.3 miles

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

Lease Benchmarks for Peabody, MA

$32.29 /SF/Yr
Avg Asking Price
$25–$35.48 /SF/Yr
Price Range
4,734 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Single tenant retail space available for rent on 2 acres.
Where is this retail space located?
The property is located at 15 Newbury St Peabody, MA.
What are key features of this property?
This property features: Single tenant property, great for investment.; Retail property with excellent potential.; Large 2 acre lot.
More about this property
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