Peabody Retail

Peabody

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,700
As of: May 21, 2017

Peabody Rates

Most listings are in the $20's per square foot per year. The Peabody region is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Greater Boston market, the Peabody submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Peabody Listing Supply

In the last 90 days, 25 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1985 and are Class B.

Peabody Community

Market Report

Trends and status of the commercial real estate market in Peabody.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Peabody.
Research