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128 Newbury St 1,500 - 24,000 SF of Industrial Space Available in Peabody, MA 01960
HIGHLIGHTS
- New 24,000 SF industrial building
- 14’ x 14’ drive-in doors per unit
- Completion expected Spring 2026
- Sixteen 1,500 SF flexible bays
- Easy access to Route 1 & I-95
FEATURES
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Now available for lease, this 24,000 SF commercial building is currently being divided into sixteen (16) 1,500 SF bays, ideal for contractors, gyms, trades, and light industrial users. Each unit features a 14’ x 14’ overhead drive-in door, providing excellent access for vehicles, equipment, and materials. Each bay includes two dedicated parking spaces, with additional on-site visitor parking available. Ownership is open to combining multiple units for tenants requiring larger contiguous space, offering flexibility to accommodate a wide range of operational needs. The 24,000 SF building is expected to be completed by March / April 2026. In addition, a second industrial building totaling approximately 15,000 SF is planned for delivery in Early Summer 2026, providing future expansion opportunities within the same site. The property is strategically located directly off Route 1 southbound, offering excellent accessibility to Route 128, I-95, and the greater North Shore market. A rare opportunity to secure new-construction, flexible industrial space in a prime Peabody location.
- 16 Drive Ins
- Sixteen 1,500 SF flexible bays
- Easy access to Route 1 & I-95
- New 24,000 SF industrial building
- 14’ x 14’ drive-in doors per unit
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 1,500-24,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Industrial | Shell Space | April 01, 2026 |
1st Floor
| Size |
| 1,500-24,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| April 01, 2026 |
1st Floor
| Size | 1,500-24,000 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | April 01, 2026 |
Now available for lease, this 24,000 SF commercial building is currently being divided into sixteen (16) 1,500 SF bays, ideal for contractors, gyms, trades, and light industrial users. Each unit features a 14’ x 14’ overhead drive-in door, providing excellent access for vehicles, equipment, and materials. Each bay includes two dedicated parking spaces, with additional on-site visitor parking available. Ownership is open to combining multiple units for tenants requiring larger contiguous space, offering flexibility to accommodate a wide range of operational needs. The 24,000 SF building is expected to be completed by March / April 2026. In addition, a second industrial building totaling approximately 15,000 SF is planned for delivery in Early Summer 2026, providing future expansion opportunities within the same site. The property is strategically located directly off Route 1 southbound, offering excellent accessibility to Route 128, I-95, and the greater North Shore market. A rare opportunity to secure new-construction, flexible industrial space in a prime Peabody location.
- 16 Drive Ins
- New 24,000 SF industrial building
- Sixteen 1,500 SF flexible bays
- 14’ x 14’ drive-in doors per unit
- Easy access to Route 1 & I-95
PROPERTY OVERVIEW
This 24,000 SF commercial building is currently being divided into sixteen (16) 1,500 SF bays, ideal for contractors, gyms, trades, and light industrial users. Each unit features a 14’ x 14’ overhead drive-in door, providing excellent access for vehicles, equipment, and materials. Each bay includes two dedicated parking spaces, with additional on-site visitor parking available. Ownership is open to combining multiple units for tenants requiring larger contiguous space, offering flexibility to accommodate a wide range of operational needs. The 24,000 SF building is expected to be completed by March / April 2026. In addition, a second industrial building totaling approximately 15,000 SF is planned for delivery in Early Summer 2026, providing future expansion opportunities within the same site. The property is strategically located directly off Route 1 southbound, offering excellent accessibility to Route 128, I-95, and the greater North Shore market. A rare opportunity to secure new-construction, flexible industrial space in a prime Peabody location.
INDUSTRIAL FACILITY FACTS
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128 Newbury St
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