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
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