Office and Retail Space on
For Lease
$25 SF/Yr NNN
190 Newbury St, Peabody, MA 01960
Modern suite inside a gym with ample parking and strong Route 1 access for service and professional uses.
Space SizeContact for details
Property Size4,150 SF
Days on Market48
Property Features for 190 Newbury St
General Information
Standard status
Active
Size
4,150 SF
Zoning
BR1
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$234,163
Building Details
Building Size
4,150 SF
Year Built
2009
Listing Agency:
Barry Realty Group
(978) 204-3874
Listed By:
Peter Castrichini · License #454008080
Source:
413realestate
Added: Jul 4
Changed: Aug 8
Last Checked: Aug 20 at 4:36AM
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 Barry Realty Group
Investment Insights
Based on property information with market context.
This modern office/retail suite is set up for an indoor physical therapy or training-style operation, formerly located within a gym. The space is available as a dedicated unit and the existing area could be doubled if additional square footage is needed. The leasing structure requires a 3 to 5 year term, with multiple-year options available if preferred. Rent is stated with taxes and NNN included, and electricity, heat, and AC are included; the tenant is responsible for cable and internet, and a security deposit plus first full month’s rent is required.
The property is located right on Route 1 south, providing visibility and access in multiple directions. Additional convenience routes are noted, including easy access from Route 128 and Route 95.
The layout and prior use make this space a strong fit for medical and wellness-related professionals, as well as professional services such as attorneys, accountants, consultants, and financial planners. It may also work for training, yoga, media, marketing, or similar service-oriented businesses looking for an accessible, parking-supported location with straightforward highway connectivity.
The property is located right on Route 1 south, providing visibility and access in multiple directions. Additional convenience routes are noted, including easy access from Route 128 and Route 95.
The layout and prior use make this space a strong fit for medical and wellness-related professionals, as well as professional services such as attorneys, accountants, consultants, and financial planners. It may also work for training, yoga, media, marketing, or similar service-oriented businesses looking for an accessible, parking-supported location with straightforward highway connectivity.
Key Highlights
- 2009‑built modern office/retail space inside a gym with plenty of on‑site parking
- Lease structure includes 3–5 year term required, with multiple‑year options available
- Rent is $25–30 per SF per month, with taxes and NNN included
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Under-served
Demand for This Use
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
Market
Lease Benchmarks for Peabody, MA
$24.3 /SF/Yr
Avg Asking Price
$16–$38.82 /SF/Yr
Price Range
2,306 SF
Avg Space Size
This space is priced 3% above the average of $24.3 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Modern suite inside a gym with ample parking and strong Route 1 access for service and professional uses.
Where is this medical office space located?
The property is located at 190 Newbury St Peabody, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2009‑built modern office/retail space inside a gym with plenty of on‑site parking; Lease structure includes 3–5 year term required, with multiple‑year options available; Rent is $25–30 per SF per month, with taxes and NNN included
