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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 10 Year plus lease in place
Perfect for a 1031 x. Ready for a Quick Close
Handicapped Accessible with multiple entrances
Easy access to Rt. 287, 80, 24, Morristown,
Ample Covered Parking with over 100 Parking spots

Property Flyers

Cap Rate: 7.92 %

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