Parsippany Office for Sale
Positioned within a prestigious three-building office campus, 5 Century Drive offers an exceptional owner/user or redevelopment opportunity in the heart of Parsippany’s thriving business corridor. This 80,250-square-foot, three-story office building sits on a generous 5.81-acre site and features expansive 27,000-square-foot floor plates, providing flexibility for a variety of configurations. Recently renovated common areas deliver a modern, professional environment complemented by access to premium amenities, including a full-service café, executive lounge, conference center, and fitness facility within the campus.
The property is currently 74% leased, anchored by a major tenant occupying over 53,000 square feet through 2028, ensuring immediate income stability. With 20,000+ square feet available, investors can capitalize on upside potential while exploring alternative-use redevelopment strategies. Strategically located near Routes 10 and 202 and minutes from I-287, Route 24, and I-80, the site offers seamless connectivity to regional hubs and is just five miles from Morristown Train Station. Surrounding conveniences include hotels, retail, dining, and fitness centers, making this an attractive destination for businesses and future development.
