917-842-3073
10 Lanidex Plz W, Parsippany, NJ for Sale
Office - FOR SALE
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10 Lanidex Plz W
Parsippany, NJ 07054


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

280

LAND DETAILS

LAND ACRES

6.23 AC

LAND SF

271,379 SF

ZONING

ROL, Parsippany

APN/PARCEL ID

29-00226-0000-00003-1

ASK ABOUT THIS PROPERTY

Charles BergerCBRE, Inc.More Info
917-842-3073

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Charles BergerCBRE, Inc.More Info
917-842-3073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.