Townsquare Professional Building features 26,682 square feet of well-maintained medical office space on a 2.98-acre lot, with 146 surface parking spaces available for staff and patients. The property includes two ADA-compliant passenger elevators and offers flexible suite configurations.
Located just three miles from Saint Clare’s Hospital, the building benefits from proximity to major healthcare institutions and a strong tenant mix of existing medical providers, creating a synergistic environment for cross-referrals and collaborative care. The property is adjacent to Rocktown Square, allowing for increased exposure from retail and commercial activity. Drawing from major national tenants like The Home Depot, Walmart, Target, and Best Buy. With an average of 10,000 vehicles passing daily on Mount Pleasant Avenue, Townsquare Professional building offers excellent visibility for tenants seeking to grow their patient base.
The surrounding area has a population of 362,000 within a 10-mile radius and a steady growth rate of 2.2% over the past four years. 50% of the residents in proximity to the office have college degrees, providing access to a highly qualified workforce. Over 158,000 individuals in the area are employed in service-producing industries, including healthcare, making this location ideal for staffing and operational support. The office has direct access to Interstate 80 (Christopher Columbus Highway) and New Jersey Route 15. Newark Liberty International Airport is just 32 miles away, and the Dover NJ Transit stop is only five minutes from the property. Enhancing regional connectivity, benefiting both patients and employees.
Average asking rents in Western Morris County are approximately $25.00 per square foot, offering a competitive advantage compared to the broader Northern New Jersey market, where rates average $30.00 per square foot. With its strategic location, modern infrastructure, and strong healthcare presence, Townsquare Professional Building presents a rare opportunity for medical tenants seeking high-quality office space in a thriving and accessible market.