Retail space with visibility on The Green in Morristown.
Space Size1,363 SF - 14,127 SF
Lot Size0.78 Acres
Days on Market431
Property Features for 40 Park Ave
General Information
Standard statusActive
Size1,363 SF - 14,127 SF
Lot size0.78 Acres
Property subtypeRETAIL
Lease TypeNNN
Spaces For Lease
at 40 Park AveContact us
40 W Park Pl$27/SF/Yr
Floor1
Size2,485 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size1,363 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size14,127 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size1,968 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size2,330 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size2,370 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size2,381 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size2,975 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size3,114 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Contact us
40 W Park Pl$27/SF/Yr
FloorLL
Size4,943 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- The entrance to the lower-level property is located
directly on the “Morristown Green”, a two-acre park
that is the heart of Morristown
- Close proximity to Headquarters Plaza, Morristown
Medical Center, and Morristown Station
- Visibility on The Green – Tenants will have signage
on the ground floor level next to Starbucks
- Space is currently not demised, offering flexibility to
fulfill space requirements
- 16’ ceiling height
- Parking supported by the Dalton Parking Garage
(677 spaces) immediately adjacent to the building
Added: Aug 6, 2025Changed: Oct 9Last Checked: Oct 9 at 9:41PM
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 JLL | Parsippany
Investment Insights
Based on property information with market context.
This retail space is located with direct access to the Morristown Green, a two-acre park in the center of Morristown. The property is near Headquarters Plaza, Morristown Medical Center, and Morristown Station. Tenants will have signage opportunities on the ground floor level next to Starbucks. The space offers flexibility to fulfill various space requirements. It features a 16-foot ceiling height. Parking is available in the Dalton Parking Garage, which offers 677 spaces and is located adjacent to the building. The property size is 1,968 square feet.
Key Highlights
Directly on the Morristown Green, a central two‑acre park.
High visibility with signage opportunity next to Starbucks.
Close proximity to Headquarters Plaza, Morristown Medical Center, and Morristown Station.
Property Analytics
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Open Analytics
Current Use
U&Y Garage Door ...Building Supply
Suggested Use
Top Pick(Bike/Boat/Book/etc) StoreStorage FacilityGarden CenterPet StorePet Store & ServiceFlorist
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
$4.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Hyatt House MorristownHotels & Casinos
2,900 visits/mo0.5 miles
Check the figures for this propertyCap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate%for Retail in Northeast region
6%2019
7.1%2020
6.5%2021
6%2022
5.7%2023
5.6%2024
6%2025
Questions? Ask Rey
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Retail space - Retail space with visibility on The Green in Morristown.
Where is this retail space located?
The property is located at 40 Park Ave Morristown, NJ.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Directly on the Morristown Green, a central two‑acre park.; High visibility with signage opportunity next to Starbucks.; Close proximity to Headquarters Plaza, Morristown Medical Center, and Morristown Station.
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