Office For Sale • 100,035 SF
| NEW POSTIVIE UPDATE—approximately $76,000 reduction in real estate taxes - see DD vault for details |
| Average in-place tenancy of 13+ years, with the four largest tenants (51% of RBA) in-place for 10+ years. |
| Prominent visibility with 500+ feet of frontage on I-287 and 600+ feet of frontage along Parsippany Road, enhancing exposure and accessibility. |
| Nearby major employers include Fortune 500 companies such as PBF Energy, Avis Budget Group, and Zoetis enhancing economic stability and tenant appeal. |
| Located in a market benefiting from noteworthy redevelopment activity converting offices to residential and mixed-use projects, boosting local demand. |
| Excellent connectivity with direct access to major highways, including Interstates 287, 80, 280, and Routes 10, 202, and 46. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Mountain Lakes (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) | 8 min | - | 3.6 mi |
| Morris Plains (Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit)) | 8 min | - | 4.9 mi |
| Airport | Drive | Walk | Distance |
| Newark Liberty International | 31 min | - | 24.3 mi |
| LaGuardia | 55 min | - | 40.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 312 |
| Type: | Surface |
| Included in Rent: | Yes |