Starbucks Drive-Through
For Sale
Contact for pricing
Pending
1A Newbury St, Peabody, MA 01960
Newly constructed branded drive-through restaurant with Tesla supercharger spaces and long-term lease commitments.
Property SizeContact for details
Days on Market143
Property Features for 1A Newbury St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Atlantic Retail Boston
Listed By:
Eric Suffoletto · License #MA 9577141
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 1:55AM
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 newly constructed Starbucks drive-through restaurant occupies a 2,400 SF prototype facility at 1A Newbury St in Peabody, Massachusetts. The property includes 10 Tesla supercharger spaces, adding a separate electric-vehicle charging component to the site. Starbucks is associated with a new 10-year lease, while the Tesla charging installation carries its own 10-year lease backed by a Tesla corporate guarantee.
The property is positioned at the intersection of Route 1 and I-95, with reported traffic volumes of 100,000 VPD on Route 1 and 124,500 VPD on I-95. The Starbucks store has a projected opening date in Q4 2024. Lease terms include 10% rent escalations every 5 years for Starbucks and 3% annual increases for the Tesla component.
The property is positioned at the intersection of Route 1 and I-95, with reported traffic volumes of 100,000 VPD on Route 1 and 124,500 VPD on I-95. The Starbucks store has a projected opening date in Q4 2024. Lease terms include 10% rent escalations every 5 years for Starbucks and 3% annual increases for the Tesla component.
Key Highlights
- 2,400 SF newly constructed Starbucks drive‑through restaurant
- 10 Tesla supercharger spaces on site
- New 10‑year Starbucks lease with 10% rent escalations every 5 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Hotels & Casinos 23%
Shops & Services 9%
SONIC Drive In
Dining
33,707 visits/mo
0.4 miles
Holiday Inn & Suites
Hotels & Casinos
9,210 visits/mo
0.1 miles
7-Eleven
Shops & Services
4,345 visits/mo
0.2 miles
Homewood Suites Peabody
Hotels & Casinos
2,095 visits/mo
0.4 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
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Newly constructed branded drive-through restaurant with Tesla supercharger spaces and long-term lease commitments.
Where is this drive through restaurant located?
The property is located at 1A Newbury St Peabody, MA.
What are key features of this property?
This property features: 2,400 SF newly constructed Starbucks drive‑through restaurant; 10 Tesla supercharger spaces on site; New 10‑year Starbucks lease with 10% rent escalations every 5 years
