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Highlights
- 19,000+ VPD at intersection and 110,000+ VPD from Rt 80 and its unobsructed views of the property
- Newly constructed in 2019
- B2 Zoning allows retail, medical, professional offices, recreation uses, personal services and eateries
- 29 dedicated parking spaces
- $140K+ MHI with 5-mile radius
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,000 SF | 15’ - 30’ | Negotiable | $36.00 /SF/YR $3.00 /SF/MO $180,000 /YR $15,000 /MO | Triple Net (NNN) |
1st Floor
Newly constructed freestanding building offering 5,000 SF of retail, medical, professional office, recreational, personal service, or eatery use in Parsippany's B-2 Highway Development corridor. Interior features include 30-foot ceilings on the main level and 15-foot ceilings on the mezzanine level, two 12x12 skylights that flood the space with natural light, and expansive glass storefronts and doors that maximize street visibility and curb appeal. Two ADA-compliant restrooms are in place, and the building is equipped with fire and burglar alarm systems. Electrical, plumbing, and HVAC (30+ tons) are all newer. The space also features a 3-bay sink with grease trap, eight offices on the mezzanine level, and on-site parking totaling 29 spaces — ample for a building of this size and use mix. A drive-through lane is already accounted for on the site plan and can be built out if needed. The combination of move-in-ready condition, possible divisible square footage, and strong natural light makes this one of the more versatile small-format spaces currently available along the corridor.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- 8 Private Offices
- Finished Ceilings: 15’ - 30’
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Exposed Ceiling
- Natural Light
- Open-Plan
- 30 FT ceilings on 1st level - 15 FT on Mezzanine
- Open concept with huge windows and (2) skylights
- 30+ Ton HVAC
- (2) ADA restrooms already built
- Includes 3-bay sink w/ grease trap
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,000 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Freestanding | Parking Ratio | 5.8/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,000 SF |
| Year Built | 2019 |
| Parking Ratio | 5.8/1,000 SF |
About the Property
Situated on a 0.58-acre corner lot, 281 Littleton Rd fronts one of Parsippany's principal commercial corridors, where an estimated 19,000+ vehicles pass daily at this intersection, and 110,000+ vehicles from Rt 80 and its unobstructed view of the property. The parcel carries a B-2 Highway Development District designation under the Parsippany-Troy Hills code, permitting retail, restaurants, professional/medical office, REC use, and personal service tenants by right. The site's location puts it within minutes of Routes 46, 80, 287, 280, 202, and 10 — a convergence of highways that has long made Parsippany-Troy Hills one of northern New Jersey's premier corporate markets, anchoring numerous Fortune 500 offices and regional headquarters. Surrounding retail is well established, anchored by national names like Dunkin', HomeGoods, Marshalls, TopGolf, Chick-fil-A, Home Depot, and soon to be Trader's Joes, alongside banks, restaurants, and office parks that keep daytime traffic and cross-shopping activity consistent throughout the week. The trade area itself is a strong match for the site's use mix. Parsippany-Troy Hills is Morris County's most populous municipality, at roughly 56,000 residents, while the immediate 5-mile radius holds about 150,000 residents with a median household income of $140K+, comfortably ahead of state and national benchmarks.
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Mezzanine
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
281 Littleton Rd






