Prime Visibility, Value Pricing: Renovated Retail Space at 1 Sylvan St, Peabody

1 Sylvan St, Peabody, MA 01960

Property Information

  • For Lease $17.95/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 14,480 SF
  • Units 3
  • Lot Size 0.81 Acre
  • Parking Spaces Avail. 7
  • Year Built 1950
  • Year Renovated 2025
  • Date Updated Jul 13, 2026

Description

Benefit from prominent pylon signage that captures the attention of approximately 39,000 to 45,000 vehicles passing by daily. You'll be in excellent company, surrounded by name-brand retailers like Starbucks, Trader Joe's, Petco, and The Container Store, while drawing from the same robust consumer base as the nearby Northshore Mall tenants.Are you looking for a high-traffic retail location without the premium price tag? 1 Sylvan Street in Peabody offers the perfect balance of visibility and value. Located at the bustling, signalized intersection of Route 114 (Andover Street) and Sylvan Street, this newly renovated property provides exceptional exposure for your business. Benefit from prominent pylon signage that captures the attention of approximately 39,000 to 45,000 vehicles passing by daily. You'll be in excellent company, surrounded by name-brand retailers like Starbucks, Trader Joe's, Petco, and The Container Store, while drawing from the same robust consumer base as the nearby Northshore Mall tenants. The available space is situated at the rear, at grade level. This strategic positioning allows you to establish your business in a prime commercial corridor while avoiding the steep $40/SF rental rates typical of front-facing retail in the area. It’s an ideal setup for businesses that need accessibility and a prestigious address, but operate on a smarter budget. With convenient on-site parking for your customers and staff in the rear of the property, 1 Sylvan Street is designed to support your growth. Secure a strategic location that works as hard as you do. Contact us today to schedule a tour and see how this space can elevate your business.

Highlights

  • 13,426 SF total building; single-story
  • 45 on-site parking spaces
  • Immediate neighbors include Starbucks, Trader Joe's, Petco, The Container Store, Five Guys, Walgreens, and Aspen Dental
  • Pylon signage with direct exposure to ±39,000–45,000 vehicles per day (MassDOT AADT, Rt. 114)
  • Rear-facing, at-grade space — prime corridor positioning at below-market rents well under the $40/SF front-facing retail rate
  • Recently renovated multi-tenant retail building
  • Signalized, four-corner intersection of Route 114 (Andover Street) and Sylvan Street
  • Steps from Northshore Mall and Liberty Tree Mall — two of the North Shore's premier shopping destinations

1 Space Available

Prime Visibility, Value Pricing: Renovated Retail Space at 1 Sylvan St, Peabody

Space Type

Freestanding

Lease Rate

$17.95/SF/YR

Total Space

3,295 SF

Divisible Space

3,295 - 3,295 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 1 Sylvan St, Peabody, MA 01960, this property is part of the Peabody neighborhood and Boston market.

Contact Listing Broker
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