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Land Approved for Child Daycare Center 55 Liberty St 3,100 - 6,200 SF of Retail Space Available in Danvers, MA 01923

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HIGHLIGHTS

  • 55 Liberty Street is a fully approved 1.1-acre site for construction of a modern 6,200-SF, two-story daycare facility with capacity for 117 students.
  • Prime visibility--just 200 feet from Route 128 off-ramp at Exit 43, positioned near a major four-way signalized intersection.
  • Surrounded by top retail amenities including Liberty Tree Mall, Starbucks, Target, BJ’s, and CVS, plus a dense nearby commercial employment base.
  • Development-ready property featuring 35 surface parking spaces, full utility access, and a dry site with no wetlands for streamlined construction.
  • High-exposure location benefits from over 55,000 daily vehicles, enhancing branding potential and operational convenience.
  • Strategically set within a strong Danvers market supported by high incomes, growing families, and more than $500M in regional childcare spending.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 3,100 SF
  • Negotiable
  • $11.62 /SF/YR $0.97 /SF/MO $36,022 /YR $3,002 /MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Zoning approved for 117 child day care facility. Ideal property for a tenant seeking a ground lease. Additional option for a built-to-suit opportunity.

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 6,200 SF of adjacent space
  • 2nd Floor
  • 3,100 SF
  • Negotiable
  • $11.62 /SF/YR $0.97 /SF/MO $36,022 /YR $3,002 /MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Zoning approved for 117 child day care facility. Ideal property for a tenant seeking a ground lease. Additional option for a built-to-suit opportunity.

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 6,200 SF of adjacent space
Space Size Term Rental Rate Rent Type
1st Floor 3,100 SF Negotiable $11.62 /SF/YR $0.97 /SF/MO $36,022 /YR $3,002 /MO Triple Net (NNN)
2nd Floor 3,100 SF Negotiable $11.62 /SF/YR $0.97 /SF/MO $36,022 /YR $3,002 /MO Triple Net (NNN)

1st Floor

Size
3,100 SF
Term
Negotiable
Rental Rate
$11.62 /SF/YR $0.97 /SF/MO $36,022 /YR $3,002 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Zoning approved for 117 child day care facility. Ideal property for a tenant seeking a ground lease. Additional option for a built-to-suit opportunity.

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 6,200 SF of adjacent space

2nd Floor

Size
3,100 SF
Term
Negotiable
Rental Rate
$11.62 /SF/YR $0.97 /SF/MO $36,022 /YR $3,002 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Zoning approved for 117 child day care facility. Ideal property for a tenant seeking a ground lease. Additional option for a built-to-suit opportunity.

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 6,200 SF of adjacent space

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.

PROPERTY FACTS

Total Space Available 6,200 SF
Property Type Retail
Property Subtype Day Care Center
Gross Leasable Area 6,200 SF
Construction Status Proposed

ABOUT THE PROPERTY

55 Liberty Street offers a rare for sale or for lease development opportunity designed for a daycare center in Danvers, MA. This 1.1-acre (48,173 sq. ft.) site is fully approved for a 6,200-square-foot, two-story facility accommodating up to 117 students, complete with 35 surface parking spaces and an outdoor play area. With utilities available to the property including water, sewer, gas, and electricity, alongside a dry site with no wetlands. The offering presents a compelling opportunity to develop a modern childcare facility in a region experiencing sustained demand, supported by strong local demographics and statewide emphasis on early education access. Set just 200 feet from Route 128 off-ramp at Exit 43, 55 Liberty Street benefits from visibility near the four-way signalized intersection at Elliott Street and Liberty Street. The location places the site amid high daily traffic volumes, over 55,000 vehicles, which enhances exposure and convenience. The surrounding area is rich with amenities, including nearby retail destinations such as Liberty Tree Mall and national brands like Starbucks, Target, BJ’s, and CVS. This retail concentration is complemented by a dense commercial base, drawing an additional daytime population of more than 115,000 employees within a five-mile radius, reinforcing the need for childcare options serving working families. The broader Danvers market further elevates the strength of this opportunity. As a predominantly residential suburban community with steady population growth and a median household income of $96,704, Danvers supports consistent demand for high-quality childcare services. Within a ten-mile radius, nearly half a million residents contribute to more than $500 million in annual education and daycare spending. Statewide, Massachusetts continues to prioritize early childhood education, with policy support aimed at expanding capacity and improving access, an environment that strengthens long-term operational potential. Positioned within this robust ecosystem, 55 Liberty Street stands as a strategically located, fully approved development opportunity offering the foundation for a purpose-built daycare facility that meets local need and market momentum. Purchase option: Property offered for sale at $900,000.

  • Signalized Intersection

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
11,482
92,071
179,115
244,126
2029 Population
11,491
91,435
178,053
250,183
2024-2029 Projected Population Growth
0.1%
-0.7%
-0.6%
2.5%
Median Age
44.0
43.1
42.5
42.7
College Degree + Higher
38%
40%
42%
29%
Daytime Employees
6,434
61,626
114,766
132,496
Total Businesses
736
7,109
12,729
15,845
Average Household Income
$129,937
$107,924
$113,985
$132,763
Median Household Income
$109,399
$84,871
$89,510
$105,484
Total Consumer Spending
$178.6M
$1.3B
$2.6B
$3.5B
2024 Households
4,610
39,239
72,556
96,107
Average Home Value
$604,468
$568,122
$591,882
$696,520

NEARBY MAJOR RETAILERS

Salem Five
Bank of America
North Shore Bank
Rockland Trust Company
WW (Weight Watchers)
Market Basket
Goldfish Swim School
Sky Zone
Starbucks
Buffalo Wild Wings
  • Listing ID: 33563596

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 55 Liberty St, Danvers, MA 01923

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