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Investment Highlights
- Convenient Randolph location with immediate access to Route 10 and major thoroughfares.
- Located in a well-kept office complex with ample surface parking spaces.
- Flexible interior layout with three offices, a conference area, and space for customization.
- Close proximity to retail, dining, and essential services in Morris County.
Executive Summary
This property offers excellent versatility for owner-users seeking long-term stability in a professionally managed building. Its strategic location near Sussex Turnpike and just minutes to area retail centers enhances day-to-day convenience and client access while maximizing visibility.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
This office condo is located in a well-established commercial area of Randolph, offering a professional setting surrounded by other office users, retail services, and dining options. The property benefits from a suburban business environment with convenient access to major roadways and nearby amenities, making it easy for employees and clients alike. The surrounding area is known for its strong corporate presence and proximity to residential neighborhoods throughout Morris County.
Sale Notes
This property offers exceptional accessibility with direct connectivity to Route 10 and other major highways, placing businesses within reach of northern New Jersey’s dynamic commercial network.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 110 | 935 SF | Office | $168,300 ($180.00/SF) | - |
Unit 110
| Unit Size |
| 935 SF |
| Condo Use |
| Office |
| Price |
| $168,300 ($180.00/SF) |
| NOI |
| - |
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Unit 110
| Unit Size | 935 SF |
| Condo Use | Office |
| Price | $168,300 ($180.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| This office condo is located in a well-established commercial area of Randolph, offering a professional setting surrounded by other office users, retail services, and dining options. The property benefits from a suburban business environment with convenient access to major roadways and nearby amenities, making it easy for employees and clients alike. The surrounding area is known for its strong corporate presence and proximity to residential neighborhoods throughout Morris County.</li></ul> | |
| Sale Notes | |
| This property offers exceptional accessibility with direct connectivity to Route 10 and other major highways, placing businesses within reach of northern New Jersey’s dynamic commercial network.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,000 SF | Typical Floor Size | 8,000 SF |
| Property Type | Office (Condo) | Year Built | 1980 |
| Building Class | B | Lot Size | 0.26 AC |
| Floors | 2 | Parking Ratio | 4.63/1,000 SF |
| Zoning | LVC - https://library.municode.com/nj/randolph_township/codes/land_development_code?nodeId=LAND_DEVELOPMENT_CODE_ARTIIIZO_15-23LIVICOLVDI | ||
| Total Building Size | 15,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 8,000 SF |
| Year Built | 1980 |
| Lot Size | 0.26 AC |
| Parking Ratio | 4.63/1,000 SF |
| Zoning | LVC - https://library.municode.com/nj/randolph_township/codes/land_development_code?nodeId=LAND_DEVELOPMENT_CODE_ARTIIIZO_15-23LIVICOLVDI |
Amenities
- 24 Hour Access
- Security System
- Kitchen
- Central Heating
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Monument Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
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10 W Hanover Ave
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