Building Details

Year Built 2024

Listing Agency: J.M.I. Investment Properties

Listed By: Julie Ilyas Show Phone

Source: Somervillelofts

Added: Jul 27 Changed: Aug 28 Last Checked: Aug 22 at 8:27AM

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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 J.M.I. Investment Properties

Property Analytics

Current Use

Strength Discovery Gym & Fitness Center Inflammation Research Foundation Research Foundation Zone Labs Inc Corporate Office Privo Technologies Inc Corporate Office Lab For Clinical Medicine ... Medical Laboratory

Suggested Use

Top Pick Building Supply Restaurant Dental Office Big Box & Wholesale Store Hair Salon Nail Salon

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

313

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

$9.17 /SF/Yr

Avg Asking Price

$1.08–$16 /SF/Yr

Price Range

21,079 SF

Avg Space Size

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

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Frequently Asked Questions

Where is this flex space located?

The property is located at 200 Corporate Place Unit 4A Peabody, MA.