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End-Unit Retail Space
For Lease
$35 SF/Yr

47 Newbury Street Unit C, Peabody, MA 01960

Open-concept storefront with parking, prominent signage, high ceilings, and two marble-finished bathrooms.

Space Size3,720 SF - 7,440 SF
Days on Market110

Property Features for 47 Newbury Street Unit C

General Information

Standard status Active
Size 3,720 SF - 7,440 SF
Net Rentable 3,720 SF

Space & Availability

Available Space 3,720-7,440 SF
Divisible Yes
Space Use Retail

Additional Details

End Cap Yes

Amenities

on-site parking
PRIME signage
hardwood floors
lighting
surround-sound speakers
marble bathrooms
private kitchenette
open-concept layout

Building Details

Year Built 2013
Listing Agency: The Aland Realty Group LLC
Listed By: Michael Giannone
Source: Flowrealty
Added: Apr 25 Changed: Aug 12 Last Checked: Aug 12 at 3:46AM

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 retail space occupies an updated end unit within a 2013-built retail property. The 3,720+ square-foot storefront features an open floor plan, approximately 15-foot ceilings, hardwood flooring, upgraded lighting, and automated surround-sound speakers. Two floor-to-ceiling marble bathrooms, a private kitchenette, and on-site parking support a range of retail and customer-facing operations. Patio seating expansion is also identified as a potential option.

The property fronts Route 1 North and sits at a jug-handle intersection with stopped traffic. The retail building is adjacent to two major hotel chains, fast-food franchises, and luxury apartments. Up to 7,440 SF is available, with space divisible by 1860 SF.

Key Highlights

  • 3,720+ square‑foot end‑unit retail storefront
  • Up to 7,440 SF available; divisible by 1860 SF
  • Approximately 15‑foot ceilings with hardwood floors and upgraded lighting

Property Analytics

Current Use

Oasis Shower Doors Hardware & Home Improvement Design Group 47 Interior Design Marco's Restaurant Restaurant Studio Becker Home Decor Store World Depot Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store HVAC Service Law Firm

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
68k
Monthly Visits Nearby

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

Market

Lease Benchmarks for Peabody, MA

$32.29 /SF/Yr
Avg Asking Price
$25–$35.48 /SF/Yr
Price Range
4,734 SF
Avg Space Size

This space is priced 8% above the average of $32.29 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Open-concept storefront with parking, prominent signage, high ceilings, and two marble-finished bathrooms.
Where is this retail space located?
The property is located at 47 Newbury Street Unit C Peabody, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 3,720+ square‑foot end‑unit retail storefront; Up to 7,440 SF available; divisible by 1860 SF; Approximately 15‑foot ceilings with hardwood floors and upgraded lighting
More about this property
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