This Retail Property is Off-Market.

242 Andover Street / Rt. 114
Peabody, MA 01960 ·

Retail For Lease

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Ex Tweeter Etc. electronics store

Rental Rate N/A Building Size 7,450 SF
Property Type Retail Lot Size 1 AC
Property Sub-type Free Standing Bldg
Listing ID: 16127628 Date Created: 03/02/2009 Last Updated: 06/13/2009

Description

Attractive free standing building in good condition on RT. 114. Approximately 75 feet wide(across the front) by 100 feet deep, on just over an acre. There is parking for approximately 28 cars. Tweeter Etc. which sold upscale consumer electronics built out and expanded the building. This was one of Tweeter's highest volume stores, out of 155 total. There are two car stereo installation bays on the North side of the building. There are numerous custom built sound rooms and car stereo rooms on the outside walls with a large open main selling floor area. Extensive custom wiring for the sound rooms is throughout. Also extensive antenna wiring and switching for TV displays.There is a large stock room in back with high ceilings and exterior entrance for large size inventory access. The building has a 400 amp service and is heated by propane. Overall condition is very good. Extensive in ceiling and track lighting throughout. The building is concrete block construction with concrete flooring. Carpeting exists throughout the main sales floor and sound rooms. Good exterior lighting around the outside of the building with an extensive alarm system exist. Restaurant usage might be possible.

This attractive building and property are located directly on RT. 114 (Andover Street) in Peabody, MA. The visibility and exposure for this property is EXCEPTIONAL. The approximate daily vehicle count in front of the property is 42000. There are two Simon Property Group major regional super shopping malls within a half mile. RT. 114 in Peabody, MA., is the most highly desirable retail road in the North Shore market of Boston. There are numerous big box users such as Home Depot, Walmart, BJ's Wholesale Club, LOWES, Costco etc. in the immediate area. The demographics for this market are VERY desirable for almost any type of retail, including the most upscale. There are many car dealers on RT. 114 including a Lamborghini dealer 1/4 mile away.This location is SUPERB, for any retailer of appropriate usage, looking to cover the entire North Shore of Boston market, from a single location. The building has wonderful signage on a pole directly on RT. 114.

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242 Andover Street / Rt. 114, Peabody, MA 01960 (Essex County)

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