Parsippany-Troy Hills Office
For Lease
$26.50 SF/Yr
5 Wood Hollow Road, Parsippany, NJ 07054
Modern office building with fitness center and conferencing facilities.
Space SizeContact for details
Days on Market272
Property Features for 5 Wood Hollow Road
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
CBRE | Saddle Brook
(201) 712-5808
Listed By:
Daniel Casey
(201) 712-5808
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 17
Last Checked: Aug 20 at 10:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Saddle Brook
Investment Insights
Based on property information with market context.
This office building offers 330,631 RSF of space across three floors, situated on a 23-acre site. The property features a dramatic three-story atrium lobby with balcony lobbies on the second and third floors. The building is set within a park-like campus environment and provides 1,240 surface parking spaces. The interior boasts 14’6” slab-to-slab ceiling heights and 30’ x 35’ column spacing. Loading is facilitated by two bay-covered loading docks. The property is zoned SED5 (Specialized Economic Development District). Amenities include a new full-service cafeteria, a new conferencing/training center with a 144-person seating capacity, and a new fitness center equipped with state-of-the-art equipment, a yoga room, a spinning room, and men’s/women’s locker rooms with showers. On-site property management is available. The building is LEED Gold certified and offers monument signage. It provides exceptional access to I-80, I-287, Route 46, and Route 202. The property is located in Parsippany-Troy Hills, NJ.
Key Highlights
- Exceptional access to I‑80, I‑287, Route 46, and Route 202
- LEED Gold certified
- New full‑service cafeteria, conferencing/training center (144 person seating), and fitness center
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.97 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 07054, NJ
30,228
Population
12,497
Households
2.4
Avg Household Size
41
Median Age
61%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,190
Density / Sq Mi
$107,955
Median Household Income
$69,061
Median Earnings
$1,725
Median Rent
$569,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Modern office building with fitness center and conferencing facilities.
Where is this office building located?
The property is located at 5 Wood Hollow Road Parsippany, NJ.
What is the lease rate?
The lease rate is $26.50 SF/Yr.
What are key features of this property?
This property features: Exceptional access to I‑80, I‑287, Route 46, and Route 202; LEED Gold certified; New full‑service cafeteria, conferencing/training center (144 person seating), and fitness center
