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Office buildings
MA
Peabody
01960
39 Cross St

Property profile

39 Cross St 103 Peabody, MA 01960

FOR LEASE

Office buildings

Property ID

US38-0877919

38,000 SF 1.58 ac lot Built 1986

Individually Owned 26-yr Hold Absentee Owner ~ Est. High Equity

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$16 SF/Yr 2,237 SF available

39 Cross St,Unit 103, Peabody, MA 01960
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This exceptional 2,490-square-foot medical office suite, located in Suite 109 at 39 Cross Street in Peabody, Massachusetts, presents a fantastic opportunity for medical professionals. Situated on the first floor for convenient access, this space boasts four exam rooms, a doctor's office, a reception area, a patient restroom, a coffee station, and a storage room. The building offers elevator access and is fully handicap accessible. Reserved garage parking for one or two cars is included, with ample additional open parking available. This prime location within Essex County's "Medical Hub" of the North Shore places the property near major medical facilities such as the North Shore Shopping Center, Lahey Clinic, and Mass General North Shore, ensuring high visibility and convenient access for patients. The suite is ready for immediate occupancy and offers a well-designed layout ideal for a variety of medical practices. The address is 39 Cross St, Peabody, MA 01960.

Property type Office buildings

Use group OFFICE BUILDING

Year built 1986

Construction FRAME

Total area 38,000 SF

Lot 1.58 ac (68,825 SF)

Zoning code BR

APN PEAB M:0039 B:0047

UPID US38-0877919

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Dental Office
Alternative Medicine Practice Spa & Massage Center
Counselor
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39 Cross St, Unit 103 Peabody, MA 01960

Peabody metro Census 210302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

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Comparable Approach Comparable

$2.83M

Blend (final) Blend

$2.37M

since 1999

2 recorded transactions

1999

Price N/A

1990

Price N/A

Zoning description

District is to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allow…

General category COMMERCIAL

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