Property summary
The property is a 60,000-square-foot flex/R&D and light manufacturing facility located in Centennial Park at the junction of Route 128, Interstate 95, and US-Route 1, approximately 17 miles from Boston and Logan International Airport. The building includes 10,000 square feet of second-floor windowed office space and 50,000 square feet of flex/industrial space on the first floor. Interior amenities include a large cafeteria and ample bathroom facilities. Exterior and loading features consist of five loading docks, with utility and clearance features of 1,600 amps of power and up to 16 feet of clear height to the base of the ceiling joists. Parking consists of 140 surface spaces, and the property supports monument and building signage. The layout and infrastructure are suited to use as a single-user corporate headquarters and related operations.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
Location
Value estimations
Owner & transaction history
Zoning & alternative use
IP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development Dist…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IP · Peabody, MAIP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development Dist…
Zoning
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Zoning designation
Official district profile
IP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development Dist…
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