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Medical/Office Suite For Rent
For Lease
$16 SF/Yr

39 Cross Street #103, Peabody, MA 01960

First floor medical/office suite in a handicap accessible building.

Space SizeContact for details
Days on Market542

Property Features for 39 Cross Street #103

General Information

Standard status Active

Building Details

Year Built 1990
Listing Agency: Carney & Company
Listed By: Cynthia C. Carney
Source: Corcoran
Added: Feb 19, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carney & Company

Investment Insights

Based on property information with market context.

A first-floor medical/office suite is now available for rent. The suite is currently built out as a physician's office, featuring a reception area with patient waiting, a business office, and a lab area. It includes 3 exam rooms and 5-6 offices/exam rooms, along with two private lavatories and a doctor's office. Located at 39 Cross Street, Peabody, MA, the property is handicap accessible and features an elevator. The location is described as being in the "hub" of the North Shore Medical Area, with neighbors including Mass General Hospital, Lahey Clinic, and the North Shore Mall, as well as many area restaurants. The property offers open parking, with the addition of two reserved garage spaces providing direct access to the lobby. The suite has a size of 2237 square feet.

Key Highlights

  • Prime Location in the North Shore Medical Area, near Mass General Hospital and Lahey Clinic.
  • First Floor Medical/Office Suite with Existing Physician's Office Build‑Out.
  • Handicap Accessible Building with Elevator.

Property Analytics

Current Use

Dr. Sumra Khan Dental Office T L Massage ... Alternative Medicine Practice Magdus & Morrissey Counselor Morrissey Ann Counselor Magdus Stephanie Counselor

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Hotel & Motel Garden Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,699
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01960, MA

54,155
Population
23,009
Households
2.4
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,385
Density / Sq Mi
$95,173
Median Household Income
$56,100
Median Earnings
$1,902
Median Rent
$566,700
Median Home Value

Market

Lease Benchmarks for Peabody, MA

$24.3 /SF/Yr
Avg Asking Price
$16–$38.82 /SF/Yr
Price Range
2,306 SF
Avg Space Size

This space is priced 34% below the average of $24.3 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Borash Veterinary Clinic 79 Prospect St, Peabody, MA 01960
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  • PetMedic Urgent Care Vet Clinic - Peabody 240 Andover St, Peabody, MA 01960
  • Northeast Veterinary Relief Services 39 Cross St, Peabody, MA 01960

Frequently Asked Questions

What type of property is this?
Medical Office Space - First floor medical/office suite in a handicap accessible building.
Where is this medical office space located?
The property is located at 39 Cross Street #103 Peabody, MA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime Location in the North Shore Medical Area, near Mass General Hospital and Lahey Clinic.; First Floor Medical/Office Suite with Existing Physician's Office Build‑Out.; Handicap Accessible Building with Elevator.
More about this property
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