• Broker Jeremy Cyrier 6174687436

Peabody, MA Net Lease Investment Opportunity 1 Sylvan St 15,204 SF 100% Leased Retail Building Peabody, MA 01960 For Sale

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INVESTMENT HIGHLIGHTS

  • 4-Way Traffic Signalized Intersection
  • Surrounded by National Brand Retailers
  • Tremendous Daily Traffic Flow

EXECUTIVE SUMMARY

Newly signed 10-year net lease with Veterinary Emergency Group (VEG) and a 7-year lease with Training by Bria. VEG rent commencement begins June 1, 2025 with the tenant investing approximately $2.5M into the premises. The Veterinary Emergency Group (VEG) is a specialized network of animal hospitals dedicated exclusively to emergency veterinary care across 90 locations nationwide. VEG operates 24/7, including holidays, and provides immediate, high-quality treatment for pets facing urgent medical situations. Training with Bria is a dog training service founded by Bria Tiro, a relationship-based trainer who emphasizes understanding dog psychology and behavior as the foundation for practical training.

ATTACHMENTS

1 Sylvan Peabody_ MA - Offering Memo-1

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,204 SF
Building Class
C
Year Built
2001
NOI
$388,789
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.66 AC
Zoning
BR - Business
Parking
45 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
115’ on Andover St

AMENITIES

  • Signage
  • Air Conditioning

LINKS

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Andover St Prospect St, NW 35,682 2022 0.05 mi
Endicott St Independence Way, NE 25,335 2022 0.23 mi
RAMP-RT 128 SB TO RT 114 WB - 3,756 2022 0.43 mi
RAMP-RT 114 WB TO RT 128 SB - 8,714 2022 0.44 mi
RAMP-RT 128 SB TO ENDICOTT ST - 3,286 2022 0.46 mi
Yankee Division Hwy Endicott St, S 6,694 2022 0.48 mi
RAMP-RT 114 EB TO RT 128 SB - 5,635 2022 0.50 mi
RAMP-RT 128 SB TO RT 114 EB Andover St, NE 1,575 2020 0.51 mi
Yankee Division Hwy Andover St, NE 1,816 2022 0.51 mi
RAMP-RT 128 NB TO ENDICOTT ST - 5,476 2022 0.52 mi

NEARBY MAJOR RETAILERS

Five Guys
Ninety Nine Restaurant & Pub
Friendly's
Salem Five
Starbucks
Orangetheory Fitness
Eastern Bank
Legal Sea Foods
Chase Bank
Not Your Average Joe's

MAP

ADDITIONAL PHOTOS

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