Peabody, MA Office Spaces for Lease
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Peabody, MA Office Spaces Lease Rates & Market Statistics
Browse 47 Office Spaces for lease in Peabody, MA on Realmo, a commercial real estate marketplace serving the Peabody area. The current inventory totals 171,674 square feet of properties — an average of ~3,650 SF per listing.
Office Spaces lease rates in Peabody range from $5.50 SF/Yr at the entry level to $46 SF/Yr at the top of the market, averaging $23.90 SF/Yr. That's a 8x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $23.90 SF/Yr, the local average runs 15% below Massachusetts's state average of $28.05 SF/Yr.
Peabody accounts for 13% of the 358 office spaces currently available across Essex County, where nearby markets include Amesbury and Andover. By space type, the market includes 43 office units, 5 creative space listings and 4 medical office space listings — medical office space options typically offer the lowest entry point, while creative space commands the highest rates.