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190-194 Newbury St
4,150 SF of 4-Star Office/Retail Space Available in Peabody, MA 01960
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor | 4,150 SF | 12’ | 3-5 Years | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $8,646 /MO $103,750 /YR | Triple Net (NNN) |
2nd Floor
2nd floor office or prime retail space with 3-5 year lease required (multiple years with options available if preferred) Rent: $25 per square foot per month, Utilities not included electricity, heat and AC, cable and internet. Security deposit required and first full month rent. Last months rent not required. Modern building with plenty of parking. Located right on Route 1 South with lots of visibility and access all directions. Including easy access from Route 128, 95, Route 1. A high traffic exposure location that is perfect for attorneys, accountants, consultants, financial planners, physical therapy, training, yoga, medical office, media, marketing, and start ups. Don't miss out, set up an appointment right away! Space can potentially be divided into a smaller space, but build out would be required on lessee.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 11 - 34 People
- Finished Ceilings: 12’
- Central Air Conditioning
- Modern building with plenty of parking.
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 FOR 190-194 Newbury St , Peabody, MA 01960
| Property Type | Retail | Year Built | 2009 |
| Property Subtype | Health Club | Parking Ratio | 2.08/1,000 SF |
| Gross Leasable Area | 128,345 SF |
| Property Type | Retail |
| Property Subtype | Health Club |
| Gross Leasable Area | 128,345 SF |
| Year Built | 2009 |
| Parking Ratio | 2.08/1,000 SF |
Features and Amenities
- Freeway Visibility
- Signage
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Pete Castrichini -
Barry Realty Group
Presented by
190-194 Newbury St
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