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120 Andover St
Danvers, MA 01923 Central Peabody

$18,533 USD/MO

Freestanding For Lease  •  6,950 SF

Property Details

  • Property Type Freestanding
  • Year Built 1954
  • Total Building Size 34,130 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning R114
0 Transit Score
46 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 3 Retail 6,950 SF $32.00 USD/SF/YR
High-profile 6,950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. 

This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 44,000 VPD. The property is surrounded by a who's who of high-quality retail businesses. Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded. 

NNN expenses are estimated at $4psf. 5-year step-up lease with multiple 5-year options.  Space is delivered as a vanilla box, with interior modifications at the tenant's expense.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: New

Description

High-profile 6,950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. 

This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 44,000 VPD. The property is surrounded by a who's who of high-quality retail businesses. Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded. 

NNN expenses are estimated at $4psf. 5-year step-up lease with multiple 5-year options.  Space is delivered as a vanilla box, with interior modifications at the tenant's expense.

Highlights

Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. 
Surrounded by a who's who of high-quality retail businesses.
Large lighted pylon sign at the signalized entrance.

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Guitar Center
Tile By Design
Twisted Fate Brewing 6/30/2027

Public Transportation

Commuter RailDriveWalkDistance
Salem (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 12 min - 4.9 mi
North Beverly (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 10 min - 5.3 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 28 min - 16.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 102
Type: Surface
Included in Rent: Yes
Janet Faulkner 978-269-5445 KW Commercial - Faulkner Commercial Group
Janet Faulkner 978-269-5445 KW Commercial - Faulkner Commercial Group