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1 Sylvan St 3,295 SF of Retail Space Available in Peabody, MA 01960
Highlights
- Signalized, four-corner intersection of Route 114 (Andover Street) and Sylvan Street
- Immediate neighbors include Starbucks, Trader Joe's, Petco, The Container Store, Five Guys, Walgreens, and Aspen Dental
- Rear-facing, at-grade space — prime corridor positioning at below-market rents well under the $40/SF front-facing retail rate
- Pylon signage with direct exposure to ±39,000–45,000 vehicles per day (MassDOT AADT, Rt. 114)
- Steps from Northshore Mall and Liberty Tree Mall — two of the North Shore's premier shopping destinations
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 3,295 SF | Negotiable | $17.95 /SF/YR $1.50 /SF/MO $59,145 /YR $4,929 /MO | Double Net |
Basement
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.
- Lease rate does not include certain property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1 Sylvan St, Peabody, MA 01960
- Tenant
- Description
- US Locations
- Reach
- Training with Bria
- Other Services
- 1
- -
- Veterinary Emergency Group
- Animal Care/Groom
- 151
- National
| Tenant | Description | US Locations | Reach |
| Training with Bria | Other Services | 1 | - |
| Veterinary Emergency Group | Animal Care/Groom | 151 | National |
Property Facts
| Total Space Available | 3,295 SF | Gross Leasable Area | 13,426 SF |
| Property Type | Retail | Year Built/Renovated | 2000/2025 |
| Property Subtype | Freestanding | Parking Ratio | 4.8/1,000 SF |
| Total Space Available | 3,295 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 13,426 SF |
| Year Built/Renovated | 2000/2025 |
| Parking Ratio | 4.8/1,000 SF |
About the Property
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.
- Signage
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
1 Sylvan St