Details
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Property ID 1243584
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Price Price Negotiable
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Property Type Retail
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Property Status For Sale
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Property Label Stephanie Deering
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Building Size 18090
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Building Size 18,090 SF Bldg
Description
Located just 2 short blocks from the revitalized downtown district of Peabody, this unique multi-use building is the perfect investment opportunity; with a current Cap rate of 7%, with the ability to increase, or for an owner-user business. Offering 18,090 Sq. Ft. of total building GLA and lot size of 9,444 Sq. Ft. and is currently 100% leased. Anchored by first floor – retail convenience store and tax services office and includes; Industrial units and has 2nd and 3rd floor office spaces. With 12 ft. ceilings, elevator, 3 overhead doors, natural gas heat, ample onsite parking, and convenient access to Routes 95, 128 and 114, and 22.9K ADT, this property offers a tremendous opportunity.