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Investment Highlights

  • Strong Lease Profile: Average remaining lease term exceeds 5 years, with options for renewal extensions, ensuring long-term income stability
  • Tightening Submarket Supply: Suburban office supply in the Parsippany submarket continues to compress, supporting rent growth and occupancy stability.
  • Corporate Ecosystem: Surrounded by a strong corporate presence, including Fortune 500 and multinational companies
  • Attractive Yields & Tenant Retention: The property benefits from long-standing tenancies and strong in-place cash flow, delivering compelling returns
  • Exceptional Accessibility: Located less than one mile from the crossroads of Interstates 80 and 287, as well as Routes 46 and 202, providing superior
  • Robust Demographics: Total population within a 30-minute drive exceeds 1.7 million residents, offering access to a deep and educated labor pool

Executive Summary

CBRE is pleased to present the opportunity to acquire 10 Lanidex Plaza West, a ±75,049 SF, renovated office property located in Parsippany, NJ. The asset is currently 84% leased with a diverse tenant mix across professional services, healthcare, medical imaging, technology, and fitness. The property offers stable cash flow, long-term tenancy, and minimal near-term capital requirements while continuing to maintain stick occupancies due to close proximity to client / patient base. Positioned at the crossroads of I-80 and I-287, the property benefits from exceptional regional connectivity and a deep labor pool. This is a rare chance to secure a high-quality office investment in one of Northern New Jersey’s most accessible and dynamic submarkets.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
75,049 SF
Building Class
B
Year Built
1986
Percent Leased
83%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
25,016 SF
Building FAR
0.28
Lot Size
6.23 AC
Zoning
ROL, Parsippany
Parking
280 Spaces (3.73 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Food Service
  • Property Manager on Site
  • Signage
  • Skylights
  • Storage Space
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Open-Plan
  • Outdoor Seating
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 3,000-6,530 SF
  • Office
  • Full Build-Out
  • Now

Entrez dans le bâtiment par un atrium baigné de lumière naturelle, doté d'une cascade apaisante. Suite d'angle extensible jusqu'à +/- 12 905 pi² avec deux expositions. Veuillez appeler le 973-599-0050 pour en discuter davantage.

  • 2nd Fl-Ste 211
  • 5,972 SF
  • Office
  • -
  • Now

Entrez dans l'immeuble par un atrium baigné de lumière naturelle, doté d'un hall avec une cascade apaisante. La suite dispose d'une entrée en verre menant à la réception, puis à un espace ouvert qui constitue la majeure partie de la suite. La suite comprend également un coin cuisine avec un espace de détente. Extensible à +/- 12 905 pieds carrés avec potentiellement deux expositions. Peut être modifiée selon les besoins des utilisateurs. Veuillez appeler le 973-599-0050 pour en discuter davantage.

Space Size Space Use Condition Available
2nd Floor 3,000-6,530 SF Office Full Build-Out Now
2nd Fl-Ste 211 5,972 SF Office - Now

2nd Floor

Size
3,000-6,530 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 211

Size
5,972 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size 3,000-6,530 SF
Space Use Office
Condition Full Build-Out
Available Now

Entrez dans le bâtiment par un atrium baigné de lumière naturelle, doté d'une cascade apaisante. Suite d'angle extensible jusqu'à +/- 12 905 pi² avec deux expositions. Veuillez appeler le 973-599-0050 pour en discuter davantage.

2nd Fl-Ste 211

Size 5,972 SF
Space Use Office
Condition -
Available Now

Entrez dans l'immeuble par un atrium baigné de lumière naturelle, doté d'un hall avec une cascade apaisante. La suite dispose d'une entrée en verre menant à la réception, puis à un espace ouvert qui constitue la majeure partie de la suite. La suite comprend également un coin cuisine avec un espace de détente. Extensible à +/- 12 905 pieds carrés avec potentiellement deux expositions. Peut être modifiée selon les besoins des utilisateurs. Veuillez appeler le 973-599-0050 pour en discuter davantage.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
29-00226-0000-00003-1
Land Assessment
$4,101,103 CAD
Improvements Assessment
$3,517,937 CAD
Total Assessment
$7,619,040 CAD
  • Listing ID: 39848812

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: 10 Lanidex Plz W, Parsippany, NJ 07054

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