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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

637 Lowell St Peabody, MA 01960

6,541 SF
Property ID
Property summary
AI-generated overview

Big Y Plaza offers exceptional retail opportunities in a thriving Essex County location. This multi-tenant commercial inline property boasts a total of 6,541 square feet, with flexible space options available. Units range from a minimum divisible space of 2,608 square feet to a maximum contiguous space of 3,933 square feet. Currently, there is 8,741 square feet of vacant space presenting a unique chance for expansion or new tenancy. The plaza is strategically situated near Route 1 and I-95, ensuring high visibility and accessibility for customers. Its location within the West Peabody neighborhood, serving Peabody, West Peabody, and Lynnfield, guarantees a dense and affluent customer base. As the only shopping center in West Peabody, Big Y Plaza benefits from strong sales volumes and consistent traffic. The convenient tenant mix caters to everyday needs, encouraging repeat visits and robust sales. The property's proximity to recreational areas like the Independence Greenway and Crystal Lake further enhances its community appeal and creates a vibrant neighborhood atmosphere. This is an ideal opportunity for businesses seeking a high-traffic, easily accessible location within a strong, established retail center. The property's design fosters a neighborhood marketplace feel, making it a convenient and attractive destination for shoppers.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,541 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Show New England Baseball and Softball Academy Gym & Fitness Center Sports Field & Court
  • Big Y World Class Market Grocery & Convenience Store Food Market
  • UPS Access Point location Courier Service Postal Service
  • Western Union Bank Credit Union
  • MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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