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Retail Suite in Cabot Plaza
For Lease
$22 SF/Yr NNN

409 Cabot Street #8, Beverly, MA 01915

1,200 SF retail suite in downtown Beverly.

Space SizeContact for details
Days on Market644

Property Features for 409 Cabot Street #8

General Information

Standard status Active

Building Details

Year Built 1900
Listing Agency: The Mega Group
Listed By: Jennifer DApice
Source: Corcoran
Added: Nov 26, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 The Mega Group

Investment Insights

Based on property information with market context.

The Cabot Plaza is a shopping center with over 18,500 square feet, located on Route 1A in downtown Beverly. It is situated on a corner lot with over 64,000 square feet, offering parking accessible by three curb cuts. Unit 8 is a retail suite with approximately 1,200 square feet, located next to MCJ Insurance. The premises features a 10-foot clear height suspended ceiling, 7-foot glass frontage, and a private restroom. The existing pharmacy is vacating in February, and the space currently has two private rooms with plumbing stubbed in place. In addition to retail storefront use, this suite would be suitable for a medical or dental practice. Standard NNN lease terms apply.

Key Highlights

  • High‑visibility location on Route 1A in downtown Beverly.
  • Ample parking with three curb cuts on a 64,000+ square foot corner lot.
  • Suitable for retail, medical, or dental practice.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Locksmith Carpet & Flooring Store

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

2,804
Businesses Nearby
134k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 54% Groceries 27% Shops & Services 18%
Stop & Shop Groceries
36,008 visits/mo 0.3 miles
McDonald's Dining
24,738 visits/mo 0.3 miles
Dollar Tree Shops & Services
16,701 visits/mo 0.2 miles
Dunkin' Donuts Dining
15,338 visits/mo 0.2 miles
Starbucks Dining
13,449 visits/mo 0.4 miles

Demographics for 01915, MA

42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value

Market

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?
Shopping center - 1,200 SF retail suite in downtown Beverly.
Where is this shopping center located?
The property is located at 409 Cabot Street #8 Beverly, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on Route 1A in downtown Beverly.; Ample parking with three curb cuts on a 64,000+ square foot corner lot.; Suitable for retail, medical, or dental practice.
More about this property
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