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261 James St
Morristown, NJ 07960
Squire Dental · Office Property For Sale

Investment Highlights

  • Best-in-class Tenant: Squire Dental is a growing DSO with 28 offices across the country.
  • 3% Annual Rental Increases: The lease features 3% annual rental increases, providing investors with growing cash flow and a hedge against inflation.
  • Multiple Doctors: The office is staffed by three doctors, which is typically indicative of a higher-producing location.
  • 7.80 Year NN+ Investment: This deal offers a great opportunity for buyers looking to acquire a long-term passive asset.
  • Ideal 1031 Exchange Property: With a passive structure and nearly 8 years of lease term, this is an ideal property for local or out of state investors

Property Facts

Property Type Office
Property Subtype
Medical
  • General Retail Fast Food
  • General Retail Department Store
Building Class B
Lot Size 5.00 AC
Rentable Building Area 44,000 SF
No. Stories 3
Year Built 1986
Tenancy Single
Parking Ratio 10/1,000 SF
APN / Parcel ID
22-06705-0000-00001
  • 22-06705-0000-00001-0000-C0015
  • 22-06705-0000-00001-0000-C0032
  • 22-06705-0000-00001-0000-C0251
Zoning OSGU - Open Space/Government Use

Amenities

  • Atrium
  • Air Conditioning
  • Listing ID: 38054452

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address: 261 James St, Morristown, NJ 07960

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