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    Parsippany, NJ
    Drug Store

    Parsippany, NJ Drug Stores for Sale

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    Storefront with Front and Rear Parking
    Updated: Apr 28, 2025
    Storefront with Front and Rear Parking

    1106 Us Highway 46, Parsippany, NJ 07054

    $3,100,000
    Storefront property at 1106 US Highway 46, Parsippany, NJ
    Parking available in both the front and rear
    Separate entrance and exit points
    Between PNC and Bank of America
    Across from Troy Hills Shopping Center
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Parsippany, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Mixed-Use Building
    Corner Mixed-Use Building

    5602 New Utrecht Avenue, Brooklyn, NY 11219

    $2,300,000
    2,640 sqft

    Brick property combines two apartments with pharmacy and office space in a semi-attached corner configuration.

    View details
    Well established, Reputable, Stable, Family Owned Pharmacy Retail Store Downtown!
    Well established, Reputable, Stable, Family Owned Pharmacy Retail Store Downtown!

    26 South 4Th Ave, Mount Vernon, NY 10550

    $350,000
    1,950 sqft 0.03 AC lot

    26 B 1/2 South 4th Avenue Mount Vernon

    View details
    Mixed-Use Property with Medical Office
    Mixed-Use Property with Medical Office

    834 Coney Island Ave, Brooklyn, NY 11218

    $3,999,999

    Street-level pharmacy and medical office space are combined with an upper-level residential area.

    View details
    Mount Vernon Retail Pharmacy Building
    Mount Vernon Retail Pharmacy Building

    26A S FOURTH AVE, Mount Vernon, NY 10550

    Contact for pricing
    1,800 sqft

    Established pharmacy retail store in vibrant downtown location.

    View details

    Parsippany, NJ Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Parsippany, NJ on our real estate platform.

    Sale prices for pharmacies in Parsippany, NJ average $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 5
    Storefront properties 3
    Drug stores 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) +2.1%
    Median Household Income $107,955
    College Educated 85.1%

    High-Yield Neighborhoods for Investment

    Identify Parsippany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07054 $3.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.38%
    Property Tax per SF $29.66 per SF
    Tax Rate vs County Average 0.86 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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