End-Unit Retail
New
For Lease
$5,500/Mo
Pending
47 Newbury St 7, Peabody, MA 01960
An open-plan space features hardwood flooring, tall ceilings, and a private kitchenette.
Space Size1,860 SF
Days on Market2
Property Features for 47 Newbury St 7
General Information
Standard status
Pending
Size
1,860 SF
Net Rentable
1,860 SF
Property subtype
Commercial
Space & Availability
Contiguous Space
1,860 SF
Divisible
Yes
Space Use
Retail
Additional Details
End Cap
Yes
Taxes and HOA fees
Annual Taxes
$61,277
Amenities
hardwood floors
lighting
surround-sound speakers
marble bathrooms
private kitchenette
open-concept layout
PRIME signage
on-site parking
Building Details
Building Size
1,860 SF
Year Built
2013
Listing Agency:
The Aland Realty Group LLC
Listed By:
Ethan Forrest · License #9562242
(978) 239-6418
Source:
Elliman
Added: Oct 4
Last Checked: Oct 4 at 2:24PM
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 Aland Realty Group LLC
Investment Insights
Based on property information with market context.
This 2013 retail space is configured as an end unit with an open-concept floor plan. Interior features include hardwood floors, ceilings approximately 15 feet high, and automated surround-sound speakers. Two marble bathrooms extend from floor to ceiling, and a private kitchenette is also included. The storefront is in a newer retail building with on-site parking.
The property fronts Route 1 North near a jug-handle intersection. Nearby businesses include two hotel chains and fast-food franchises, with luxury apartments also in the surrounding area. Patio seating expansion is identified as a possibility.
The property fronts Route 1 North near a jug-handle intersection. Nearby businesses include two hotel chains and fast-food franchises, with luxury apartments also in the surrounding area. Patio seating expansion is identified as a possibility.
Key Highlights
- End‑unit storefront in a retail building constructed in 2013
- Approximately 15‑foot ceilings and hardwood flooring
- Two floor‑to‑ceiling marble bathrooms
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Hotels & Casinos 17%
Shops & Services 6%
SONIC Drive In
Dining
33,707 visits/mo
0.1 miles
Wendy's
Dining
19,082 visits/mo
0.2 miles
Holiday Inn & Suites
Hotels & Casinos
9,210 visits/mo
0.4 miles
7-Eleven
Shops & Services
4,345 visits/mo
0.2 miles
Homewood Suites Peabody
Hotels & Casinos
2,095 visits/mo
0.2 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
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Market
Lease Benchmarks for Peabody, MA
$26.67 /SF/Yr
Avg Asking Price
$6.6–$35.48 /SF/Yr
Price Range
3,480 SF
Avg Space Size
This space is priced 33% above the average of $26.67 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - An open-plan space features hardwood flooring, tall ceilings, and a private kitchenette.
Where is this retail space located?
The property is located at 47 Newbury St 7 Peabody, MA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: End‑unit storefront in a retail building constructed in 2013; Approximately 15‑foot ceilings and hardwood flooring; Two floor‑to‑ceiling marble bathrooms
