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10 Lanidex Plz W, Parsippany, NJ

Class A office building with recent renovations and highway access.

Property Size11,792 SF
Lot Size6.46 Acres
Days on Market1312

Property Features for 10 Lanidex Plz W

General Information

Standard status Active
Size 11,792 SF
Lot size 6.46 Acres
Property subtype OFFICE
Listing Agency: Lincoln Property Company | New Jersey
Listed By: Rick Genthe
Source: Moodyscre
Added: Dec 27, 2022 Changed: Jul 6 Last Checked: Jul 30 at 4:40AM

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 Lincoln Property Company | New Jersey

Investment Insights

Based on property information with market context.

10 Lanidex Plaza West is a 78,000 square foot, three-story building featuring a granite facade. The property is located off Parsippany Road (Route 511) at the intersection of I-80 and I-287 in Parsippany, Morris County. The building includes a dramatic three-story atrium with a waterfall and two 2,500-pound Dover hydraulic elevators. On-site management is provided. The location offers immediate access to restaurants, shopping, and several hotels. The property has excellent access to I-80, I-287, Route 46, 202, and Route 10, as well as abundant parking. Extensive lobby and common area renovations were recently completed in 2018. The building provides outstanding visibility from I-80. Medical uses are welcomed.

Key Highlights

  • Excellent access to I‑80, I‑287, Rt 46, 202 & Rt 10
  • Outstanding visibility from I‑80
  • Abundant parking

Property Analytics

Current Use

InSync Software Solutions (Bike/Boat/Book/etc) Store Aon Risk Services ... Insurance Agency Jersey1st Advocacy Group Solix Inc. Business To Business Service Atlantic Imaging Services Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Class A office building with recent renovations and highway access.
Where is this office units located?
The property is located at 10 Lanidex Plz W Parsippany, NJ.
What is the lease rate?
The lease rate is $21.75 SF/Yr.
What are key features of this property?
This property features: Excellent access to I‑80, I‑287, Rt 46, 202 & Rt 10; Outstanding visibility from I‑80; Abundant parking
(973) 599-0050 Call to check price and availability
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