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Investment Property For Sale Full NNN Lease! 629 Parsippany Rd 29,500 SF 100% Leased Office Building Parsippany, NJ 07054 $4,999,999 ($169.49/SF) 7.92% Cap Rate
Investment Highlights
- Excellent Investor Opportunity with Solid 7 Year plus lease in place
- Handicapped Accessible with multiple entrances
- Ample Covered Parking with over 100 Parking spots
- Perfect for a 1031 x. Ready for a Quick Close
- Easy access to Rt. 287, 80, 24, Morristown,
Executive Summary
The building offers excellent regional accessibility, with convenient access to Routes 287, 80, and 24, making it an ideal location .An elevator services all floors, and the property features ample covered parking with over 100 spots, enhancing convenience for tenants and visitors.
Zoned B-2 (Business / Highway Development), the site supports a variety of commercial uses and benefits from prominent signage along a well-traveled corridor, ensuring strong visibility and branding opportunities.
This is perfect for a 1031. Please call for a tour.
This is a prime investment opportunity in a sought-after location, combining long-term income stability with exceptional access and exposure.
Property Facts
Amenities
- 24 Hour Access
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Professional, Scientific, and Technical Services
- -
- -
- Triple Net
- Dec 2036
At Weiner Law Group LLP, they commit all of their resources to one goal — building on their clients’ success. They do this by providing outstanding service, experienced counsel, innovative strategies, and focused advocacy. They strive to go the extra mile in everything they do — they pay personal attention to their clients’ needs and go above and beyond to achieve the outcome their clients want. They are an “AV” rated* law firm that offers a wide range of legal services to established businesses, emerging companies, individual entrepreneurs, and public entities alike. Their broad regional client base includes many Fortune 1000 companies and covers all sectors of the economy — from corporations, financial institutions, and technology companies to real estate developers, municipalities, and other public agencies.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Professional, Scientific, and Technical Services | - | - | Triple Net | Dec 2036 |
Property Taxes
| Parcel Number | 29-00740-0000-00005 | Improvements Assessment | $908,400 |
| Land Assessment | $1,260,000 | Total Assessment | $2,168,400 |
Property Taxes
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Investment Property For Sale Full NNN Lease! | 629 Parsippany Rd
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