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    FOR LEASE
    Office buildings

    9 Centennial Dr 2nd, Peabody, MA 01960

    73,248 SF 5.13 ac lot Built 1986
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US38-1484507
    Property summary
    AI-generated overview

    This exceptional office space in Peabody, Massachusetts, offers a diverse range of solutions for businesses of all sizes. Located at 9 Centennial Drive, in Essex County, this property provides flexible options including traditional office suites, executive offices, coworking spaces, medical offices, and creative office layouts. The space caters to various needs, from single-person setups to large corporations, with customizable options ranging from one to over 100 desks. Services include fully furnished and equipped private offices, adaptable to specific requirements, including serviced, custom, disaster recovery, and day offices. Coworking options provide shared office or open-plan areas, with daily or hot desk reservations available. Meeting rooms are also available, ranging from informal chat spaces to facilities suitable for presentations, training sessions, interviews, board meetings, or conferences, bookable by the hour or for extended periods. Virtual office options are also available, offering prestigious business addresses, mail handling, and professional virtual assistant services, including lounge access and office space for a set number of days per month. Flexible working plans provide access to a global network of business lounges and workspaces, with options for private offices or coworking spaces available for varying numbers of days monthly. The property's location in Peabody, MA, zip code 01960, offers convenient access to local amenities and transportation. This adaptable workspace allows businesses to tailor their environment to their specific needs and growth trajectory.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Construction FRAME
    Total area 73,248 SF
    Lot 5.13 ac (223,506 SF)
    Zoning code IP
    APN PEAB M:0091 B:0009
    UPID US38-1484507
    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
    • Richardson Monument - Peabody, MA General Contractor
    • Regus Real Estate Agency
    • Jeffrey Hohl Counselor
    • Cristina Vesprini Counselor
    • Yourdeline Sertyl Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $7.47M
    Owner & transaction history
    B&h Peabody Prop LLC · 19 yrs held
    B&h Peabody Prop LLC
    since 2007
    3 recorded transactions
    2025
    2023
    2007
    $12.1M
    Zoning & alternative use
    IP · Peabody, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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