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0 Post Office Square

Giancarlo Tiberi Of Core Property Group Represents Buyer In $2.18M Medical Office Sale In Lynnfield
SOLDOffice

Giancarlo Tiberi Of Core Property Group Represents Buyer In $2.18M Medical Office Sale In Lynnfield

0 Post Office Square

$2,178,000

$228/SF

Building Size

9,552 SF

Asset Type

Office

Closing

Mar 30, 2026

AI

This transaction involves a medical office building located at 0 Post Office Square in Lynnfield, MA. The property was sold for $2,178,000, consisting of 8 units and spanning a total area of 9,552 square feet, resulting in a price per unit of $272,250 and a price per square foot of $228.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $2,178,000
  • Units: 8
  • Price Per Unit: $272,250
  • Square Footage: 9,552
  • Price Per Square Foot: $228
  • Buyer's Representative: Giancarlo Tiberi - Core Property Group
  • Seller's Representative: Robin Zaboulian - Coldwell Banker
  • Transaction Date: 3/30/2026

Giancarlo Tiberi from Core Property Group represented the buyer, while Robin Zaboulian from Coldwell Banker represented the seller in this off-market transaction concerning the medical office building in Lynnfield, MA.

Players

Giancarlo Tiberi

Core Property Group

Broker

$95.1M

vol

24 deals

Broker

Andover Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.28%

Cash-on-Cash

-2.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93