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200 Kimball Dr
Parsippany, NJ 07054
Value-Add | Renovated Class A Office · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • - 175,000 square foot five-story trophy office building – renovated, institutionally owned, LEED Gold Certified. 30-DAY CLOSING EXTENSION AVAILABLE.
  • The building features a granite & glass exterior, four elevators, a private top-floor terrace, a patio, full-service cafeteria, & 634 parking spaces.
  • A high-end multi-million-dollar renovation was completed in 2021, including a new roof, lobby, restrooms, common areas, and more.
  • Institutionally owned & maintained since 2001. Located in a high-end corporate office park with direct access to the I-80 & I-287 highway interchange.
  • Outstanding opportunity for an owner-user or value-add investor. One of the highest quality and best-located office buildings available in the market.
  • Exceptional for a corporate headquarters or can be easily subdivided for multi-tenant occupancy given 35,000 SF floor plates.

PROPERTY FACTS

Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
175,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2001/2021
Percent Leased
Vacant
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
35,000 SF
Slab To Slab
14’
Building FAR
0.49
Lot Size
8.20 AC
Parcel Number
29-00735-0000-00001-04
Zoning
COD, Parsippany - Office
Parking
634 Spaces (3.62 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Food Service
  • Pond
  • Property Manager on Site
  • Kitchen
  • Roof Terrace
  • Partitioned Offices
  • Secure Storage
  • Listing ID: 27407404

  • Date on Market: 12/30/2022

  • Last Updated:

  • Address: 200 Kimball Dr, Parsippany, NJ 07054

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