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Fully leased with NNN solid Rent! 629 Parsippany Rd 29,500 SF 100% Leased Office Building Parsippany, NJ 07054 $6,837,649 CAD ($231.78 CAD/SF) 7.92% Cap Rate
Investment Highlights
- Excellent Investor Opportunity with Solid 10 Year plus lease in place
- steady income AND long-term stability!
- 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,
- Proximity to Wegman's LA Fitness, Banks and major Retail Brands
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
Chez Weiner Law Group LLP, ils consacrent toutes leurs ressources à un seul objectif : miser sur le succès de leurs clients. Pour ce faire, ils fournissent un service exceptionnel, des conseils expérimentés, des stratégies novatrices et des activités de défense ciblées. Ils s'efforcent d'aller plus loin dans tout ce qu'ils font — ils accordent une attention personnelle aux besoins de leurs clients et vont au-delà pour atteindre le résultat souhaité par leurs clients. Il s'agit d'un cabinet d'avocats coté « AV » * qui offre une vaste gamme de services juridiques aux entreprises établies, aux entreprises émergentes, aux entrepreneurs individuels et aux entités publiques. Leur vaste clientèle régionale comprend de nombreuses entreprises du Fortune 1000 et couvre tous les secteurs de l'économie, des sociétés, des institutions financières et des entreprises technologiques aux promoteurs immobiliers, aux municipalités et autres organismes publics.
| 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 | $1,238,685 CAD |
| Land Assessment | $1,718,123 CAD | Total Assessment | $2,956,809 CAD |
Property Taxes
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Fully leased with NNN solid Rent! | 629 Parsippany Rd
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