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Three-Story Corporate Office Building
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2 Gatehall Drive, Parsippany Troy Hills, NJ 07054

Three-story office building offering suites with newly renovated common areas, modern elevators, and extensive on-site amenities.

Space SizeContact for details
Days on Market102

Property Features for 2 Gatehall Drive

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | East Brunswick
Listed By: Wesley Moore
Source: Cbre
Added: Jun 2 Changed: Sep 6 Last Checked: Sep 11 at 5:10AM

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 | East Brunswick

Investment Insights

Based on property information with market context.

2 Gatehall Drive is a commanding three-story office building within a master-planned 58-acre corporate campus in Morris County. The building features newly renovated common areas, including an open 4-story collaborative atrium and lounge. On-site amenities include a fitness center with yoga studio and locker rooms, a conference center for private meetings, and a full-service cafe with both indoor and outdoor seating, along with an espresso bar for grab-and-go options.

The campus is positioned at the intersection of Route 10 and Route 202 with immediate access to I-80 and I-287 and other major northern New Jersey thoroughfares. The property is set in a park-like environment with a front pond, outdoor courtyard, and professional landscaping. Office suites within the building are described as having efficient floor plans with mostly open layouts, with availability ranging from smaller suite sizes through full-floor options.

Key Highlights

  • Three‑story office building with 389,000+ SF located within a 58‑acre master‑planned corporate campus in Morris County.
  • Suites currently available from 14,387 SF up to a 106,478 SF full floor.
  • Newly renovated common areas, including a 4‑story collaborative work atrium/lobby with 24/7 security and key card access.

Property Analytics

Current Use

OLI Systems, Inc. (Bike/Boat/Book/etc) Store RICOH Imaging Americas ... Corporate Office Fiserv, Inc Corporate Office Adpnhc Computer & Electronic Repair

Suggested Use

Top Pick Hair Salon Dental Office Nail Salon Building Supply Spa & Massage Center HVAC Service

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

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

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

Lease Benchmarks for Parsippany Troy Hills, NJ

$22.88 /SF/Yr
Avg Asking Price
$18.5–$26.5 /SF/Yr
Price Range
50,556 SF
Avg Space Size

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 building - Three-story office building offering suites with newly renovated common areas, modern elevators, and extensive on-site amenities.
Where is this office building located?
The property is located at 2 Gatehall Drive Parsippany Troy Hills, NJ.
What are key features of this property?
This property features: Three‑story office building with 389,000+ SF located within a 58‑acre master‑planned corporate campus in Morris County.; Suites currently available from 14,387 SF up to a 106,478 SF full floor.; Newly renovated common areas, including a 4‑story collaborative work atrium/lobby with 24/7 security and key card access.
More about this property
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