Peabody, Essex County, MA Commercial Real Estate for Lease - 10 Listings

9 Centennial Drive

9 Centennial Drive, Peabody, MA
Property

Office

74,801 SF
Availability

2 Spaces

25,033 SF
Year Built

1986
For Lease Contact for pricing
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Centennial Drive
Regus
9 Centennial Drive 2nd Floor, Peabody, MA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Centennial Industrial Park - 5 Centennial Drive

5 Centennial Drive, Peabody, MA
Property

Office

40,000 SF
Availability

3 Spaces

25,600 SF
Year Built

1989
For Lease Contact for pricing
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300 Jubilee Drive

300 Jubilee Drive, Peabody, MA
Property

Industrial

163 SF
Availability

1 Space

4,510 SF
Year Built

1995
For Lease Contact for pricing
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58 Pulaski Street
WorkTank
58 Pulaski Street Building C, Peabody, MA
Services

Open Workspace

Meeting Room

Private Office
Amenities

High-speed wifi

Kitchen

Printer
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1 Technology Drive, Peabody - Last Mile - Dry 7 Frozen Distribution Facility

1 Technology Dr, Peabody, MA
Property

Industrial
Availability

1 Space

42,710 SF
For Lease Contact for pricing
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10 Technology Drive

10 Technology Drive, Peabody, MA
Property

Industrial

51,900 SF
Availability

2 Spaces

12,367 SF
Year Built

1987
For Lease Contact for pricing
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Peabody Commons

535 Lowell St, Peabody, MA
Property

Retail

49,022 SF
Availability

1 Space

11,660 SF
Year Built

1960
For Lease Contact for pricing
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15 Newbury Street

15 Newbury Street, Peabody, MA
Property

Retail

7,755 SF
Availability

1 Space

7,755 SF
For Lease Contact for pricing
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247 Lynnfield Street, Peabody I 34,000 SF Flex/Warehouse Temp Storage Opportunity

247 Lynnfield St, Peabody, MA
Property

Industrial

34,000 SF
Availability

1 Space

34,000 SF
Year Built

1978
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Peabody commercial real estate market incorporates 205,221 square feet of office space across 3 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Peabody commercial real estate market includes 74,867 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Peabody market, there is a total of 97,251 square feet of industrial property.
The listing inventory in Peabody incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Peabody is represented by Industrial space, which accounts for 93,587 square feet of available listings. Office space available in Peabody adds up to 50,633 square feet.

Meanwhile, most of the listings of commercial property for sale in Peabody are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Peabody, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.
The average size of a commercial property in Peabody depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Peabody, the average size of an office property is 68,407 square feet.
- Retail properties here incorporate an average of 24,956 square feet.
- Industrial space in Peabody is in buildings that are, on average 32,417 square feet in size.

Peabody, Essex County, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Peabody currently add up to 163,635 square feet. The market offers 2 active office listing(s), which amount to 50,633 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 19,415 square feet across 2 retail space(s). Industrial space for rent opportunities in Peabody amount to 93,587 square feet across a total of 4 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	50,633
Retail	2	19,415
Industrial	4	93,587

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Peabody, Essex County, MA. Currently, there is 153,698 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	90,420
Retail	1	18,090
Industrial	1	45,188

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Peabody, Essex County, MA Commercial Real Estate for Lease - 10 Listings

9 Centennial Drive

Centennial Drive

Centennial Industrial Park - 5 Centennial Drive

300 Jubilee Drive

58 Pulaski Street

1 Technology Drive, Peabody - Last Mile - Dry 7 Frozen Distribution Facility

10 Technology Drive

Peabody Commons

15 Newbury Street

247 Lynnfield Street, Peabody I 34,000 SF Flex/Warehouse Temp Storage Opportunity

Frequently Asked Questions

Peabody, Essex County, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Peabody, Essex County, MA Commercial Real Estate for Lease - 10 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Peabody, MA?

What factors affect the price of commercial real estate in Peabody, MA?

What are the best areas for commercial real estate in Peabody, MA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Peabody, MA?

Peabody, Essex County, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us