128 Newbury St Peabody, MA 01960 1,500 - 39,000 SF of Industrial Space 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.

A brand-new 15,000 SF industrial building is planned for delivery in Early Summer 2026, offering tenants the opportunity to secure modern, flexible space within a highly accessible Peabody location. Designed to accommodate a wide range of industrial, trade, and service-based uses, this forthcoming building provides a rare chance for new construction in a supply-constrained market. The property is strategically situated directly off Route 1 southbound, with excellent connectivity to Route 128, I-95, and the broader North Shore region—ideal for businesses that rely on convenient regional access. This upcoming 15,000 SF facility presents an exceptional opportunity for tenants seeking high-quality industrial space with room to grow.