Atlantic Capital Partners has been engaged to offer At Home in Peabody, MA; a free-standing, single-tenant asset occupied by At Home. The asset is ideally situated north of Downtown Boston in the community of Peabody, Massachusetts. Anchored by the North Shore Mall, Peabody is one of the strongest retail markets in Greater Boston and serves a regional trade area of over 196,741 people within a 5 mile-radius. Positioned just west of the North Shore Mall, and adjacent to dominant shopping center anchored by Trader Joes, Burlington Coat, and TJ Maxx, this asset benefits from 37,400 VPD on Rt 114 and 2.2M people that have visited the adjacent shopping center over the last 12 months.
RECENTLY SIGNED LONG TERM LEASE
At Home recently signed a 10 Year lease to occupy 95,886 SF with a lease expiration of February 2032. Per the lease, there are two five (5) year options to extend the term through February 2042.
The asset has shared access with an attractive shopping center anchored by Trader Joes, Burlington Coat, and TJ Maxx, corresponding to strong daily traffic and visibility.
PEABODY, MA | BOSTON MSA
Boston MSA features 4.8 million people and is considered to be one of the most desirable cities in the country with unmatched local demographics