Peabody Place

  • 300 Andover Street,

  • Peabody, MA

  • 242,787 sq ft

Overview

Peabody Place is a 242,787 square foot Babies R Us, TJ Maxx, Trader Joe’s anchored shopping center located just east of I-95 on Andover Street (SR 114) in Peabody, Massachusetts. Boasting a trade area of over 250,000, Peabody/Danvers, home to Northshore Mall (SPG) and Liberty Tree Mall (SPG), is a strong regional retail hub north of Boston.

 

Chase Properties wants to do everything it can to help our tenants navigate through this process. We are partners with our small business tenants during this difficult time.

On Monday, May 3rd, the Small Business Administration has started accepting applications for its Restaurant Relief Fund (RRF). The $28.6 billion RRF provides funding to help restaurants and other food and drink businesses for revenues lost during the COVID-19 pandemic. Your tenants may be eligible to apply for the RRF and rent is an allowable use of funds. While we are not experts and can’t answer specifics related to the RRF, we encourage all Borrowers and tenants to visit the SBA website and determine if their company is eligible. Here is the weblink: https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund.

Attached is additional information from the SBA summarizing the second draw PPP information followed by resources from Fifth/Third Bank. The Second Draw PPP Borrower Application is linked beneath. The third document details what’s new and what has changed for restaurants in regard to the second round of PPP funding.

Small Business Association _ Fifth Third

PPP Second Draw Borrower Application Form (1.8.2021)-508

NRA_Pandemic_Relief_Overview_v2

Availabilities

#4 – 4,466sf

#7 – 4,000sf

#8 – 2,080sf

 

For future availabilities or additional information, please contact:

(216) 378-4046

Brendon Ruth

Vice President of Leasing

216.378.4055

Paul Adkins

Senior Property Manager

Community Metrics

8,804

Population

4,373

Households

$84,585

Average household income

79,708

Population

32,985

Households

$86,967

Average household income

197,319

Population

79,464

Households

$89,935

Average household income

586,206

Population

226,702

Households

$95,269

Average household income

Area Map

42.549439, -70.956436

Property Contacts

(216) 378-4046

Brendon Ruth

Vice President of Leasing

216.378.4055

Paul Adkins

Senior Property Manager