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Ground-Floor Office Suite
For Lease
$1,100/Mo

2 First Avenue Unit 111, Peabody, MA 01960

Three separate offices and a shared common area provide a practical layout for professional use.

Space SizeContact for details
Days on Market8

Property Features for 2 First Avenue Unit 111

General Information

Standard status Active
Lease Type Gross

Space & Availability

Floor 1
Space Use Office
Sublease No
Private Offices 3

Lease Terms

Lease Rate $1,100 /USD/MO
Total Rate $1,100
Monthly Rent $1,100
Lease Term 12 months
Month-to-Month No
Flexible Term Yes

Site & Location

Highway Access Yes
Utilities to Site Yes

Building Details

Year Built 2014
Listing Agency: Barry Realty Group
Listed By: Peter Castrichini
Source: Sredboston
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 28 at 10:30AM

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.

Ground-floor Unit 111 is an office suite with a common area and three separate offices. The building was constructed in 2014, and the space is offered with electricity, gas heat, air conditioning, taxes, and water included. Cable and internet are not included.

The property is in Centennial Park in Peabody, with access from three directions and connections to Route 128, 95, and Route 1. The address is 2 First Avenue, Unit 111.

Key Highlights

  • Three separate offices plus a common area
  • Ground‑floor space in Unit 111
  • Building constructed in 2014

Property Analytics

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Open Analytics

Current Use

Danny Cerqueira's Construction Construction Company Pop-A-Lock Locksmith of Peabody Locksmith Coast to Coast Cardiology Veterinary Clinic Just In Time Café Cafe & Coffee Shop Skin MD Peabody Medical Clinic

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Auto Parts Store Big Box & Wholesale Store 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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

345
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Peabody, MA

$23.63 /SF/Yr
Avg Asking Price
$5.5–$46 /SF/Yr
Price Range
3,930 SF
Avg Space Size

This space is priced 72% below the average of $23.63 /SF/Yr.

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 units - Three separate offices and a shared common area provide a practical layout for professional use.
Where is this office units located?
The property is located at 2 First Avenue Unit 111 Peabody, MA.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Three separate offices plus a common area; Ground‑floor space in Unit 111; Building constructed in 2014
More about this property
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