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629 Parsippany Rd
Parsippany, NJ 07054

$4,999,999 USD

Office For Sale  •  29,500 SF

Property Details

  • Property Type Office
  • Total Building Size 29,500 SF
  • Lot Size 2.1 AC
  • Building Class B
  • Year Built 1986
  • Cap Rate 7.92 %
  • Tenancy Multiple
  • Zoning SED5,Parsippany-Troy
0 Transit Score
37 Walk Score

Highlights

Excellent Investor Opportunity with Solid 7 Year plus lease in place
Perfect for a 1031 x. Ready for a Quick Close
steady income AND long-term stability!
Easy access to Rt. 287, 80, 24, Morristown,
Ample Covered Parking with over 100 Parking spots
Proximity to Wegman's LA Fitness, Banks and major Retail Brands

Property Flyers

Cap Rate: 7.92 %

Major Tenants

Tenant SF Occupied Lease End Date
Weiner Law Group LLP 12/31/2036

Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Signage
  • Wheelchair Accessible
  • Reception
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Mountain Lakes (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 8 min - 3.5 mi
Boonton (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 7 min - 4.5 mi
AirportDriveWalkDistance
Newark Liberty International 31 min - 24.2 mi
LaGuardia 56 min - 40.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 101
Type: Covered
Included in Rent: Yes
Nancy Stanton-Tuckman 973-216-7107 Newmark Associates CRE, LLC
Nancy Stanton-Tuckman 973-216-7107 Newmark Associates CRE, LLC