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Parsippany Office Building For Lease
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2 Sylvan Way, Parsippany, NJ

56,156 SF office building with renovated common areas.

Space Size3,668 SF - 5,568 SF
Lot Size5.97 Acres
Days on Market1324

Property Features for 2 Sylvan Way

General Information

Standard status Active
Size 3,668 SF - 5,568 SF
Lot size 5.97 Acres
Property subtype OFFICE

Spaces For Lease

at 2 Sylvan Way Contact us

2 Sylvan Way $18.50/SF/Yr

Floor
2
Size
3,668 SF
Type
OFFICE
Lease Type
PLUS_ELECTRIC
Availability
AVAILABLE, Now
Sublease
No
- 2 Sylvan Way in Parsippany, New Jersey, is a 56,156 sf office building situated...
show more
Contact us

2 Sylvan Way $18.50/SF/Yr

Floor
2
Size
4,359 SF
Type
OFFICE
Lease Type
PLUS_ELECTRIC
Availability
AVAILABLE, Now
Sublease
No
- 2 Sylvan Way in Parsippany, New Jersey, is a 56,156 sf office building situated...
show more
Contact us

2 Sylvan Way $18.50/SF/Yr

Floor
2
Size
4,931 SF
Type
OFFICE
Lease Type
PLUS_ELECTRIC
Availability
AVAILABLE, Now
Sublease
No
- 2 Sylvan Way in Parsippany, New Jersey, is a 56,156 sf office building situated...
show more
Contact us

2 Sylvan Way $18.50/SF/Yr

Floor
2
Size
5,568 SF
Type
OFFICE
Lease Type
PLUS_ELECTRIC
Availability
AVAILABLE, Now
Sublease
No
- 2 Sylvan Way in Parsippany, New Jersey, is a 56,156 sf office building situated...
show more
Contact us
Listing Agency: Lincoln Property Company | New Jersey
Listed By: Rick Genthe
Source: Moodyscre
Added: Dec 27, 2022 Changed: Aug 8 Last Checked: Aug 12 at 9:53AM

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.

The property at 2 Sylvan Way in Parsippany, New Jersey, is a 56,156 square foot office building situated within a major corporate office campus. The building has three floors. Common areas have been recently renovated. The building was constructed in 1977. The exterior is brick with a concrete and steel structure. There are two elevators, one at each entrance. Key code access is available for after-hours entry. Monument and directory signage is available. Parking is abundant, with all parking areas recently redesigned and resurfaced, providing 280 spaces, which is 5 spaces per 1,000 square feet. Floor plates can be easily divided to less than 1,000 square feet. The location provides access to I-287, I-80, Route 10, and Route 46. The property is located at the intersection of Route 202/Littleton Road and Sylvan Way, providing access to major area highways like I-287, I-80, Route 10 and Route 46. Morristown and Morris Plains, both with train stations on the Morris-Essex Branch line, are nearby. Numerous hotels, restaurants, and shopping centers are also located nearby. The bay depth is 25’ X 25’.

Key Highlights

  • Excellent access to major highways and proximity to train stations
  • Abundant, recently redesigned and resurfaced parking with 280 spaces
  • Located within a major corporate office campus with Fortune 500 companies

Property Analytics

Current Use

Triotos (Bike/Boat/Book/etc) Store Edward Jones - Financial ... Financial Advisor Garden State Orthopaedic ... Physician James Spence Authentication ... Estate Appraiser Spiderweb Media Marketing & Advertising

Suggested Use

Top Pick Building Supply Hair Salon Dental Office Auto Parts Store Nail Salon Spa & Massage Center

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

826
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 56,156 SF office building with renovated common areas.
Where is this office building located?
The property is located at 2 Sylvan Way Parsippany, NJ.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Excellent access to major highways and proximity to train stations; Abundant, recently redesigned and resurfaced parking with 280 spaces; Located within a major corporate office campus with Fortune 500 companies
(973) 599-0050 Call to check price and availability
More about this property
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