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141 Summit St
Peabody, MA 01960
Centennial Industrial Prk · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Freestanding | Parking Ratio | 0.81/1,000 SF |
| Gross Leasable Area | 12,356 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 12,356 SF |
| Year Built | 1984 |
| Parking Ratio | 0.81/1,000 SF |
About the Property
04/04: Building sold to 141 Summit Street Realty Trust. See COMPS# MAC-61490-08-0420.The building is located on the edge of Centennial Industrial Park in Peabody, MA off of Route 128, at Exit 28-Centennial Drive, just minutes from INterstate 95, Route 128 and within a few minutes drive of Route 1. The Park is located about 25 minutes from Boston and Logan International Airport. Centennial Park features one full service Marriott Hotel and a Mainstay Suites Hotel, and many shopping areas, restaurants, health clubs and more in and around the locale. Centennial Park offers a terrific work environment with a good mix of industrial, technology, and medical business. There are several major regional hospitals in the immediate vicinity and two large regional shopping malls. The property is an industrial/warehouse building, but can cater to other flexible uses including retail, food, R&D, among other uses. With a unique combination of major highway access, close proximity to Boston, and a thriving suburban setting, this property is a strong solution and provides an excellent value.03/04: Property sold to 141 Summit Street Realty Trust as per comp MAC-61490-08-0420.
