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    1250 Sussex Tpke Randolph, NJ 07869

    Sponsored
    For Lease
    $36,000

    Turnkey Loft Office, Move-In Ready

    Lot size:
    1,570 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,570 square foot creative office suite is available for lease in the Mt. Freedom section of Randolph Township, New Jersey. Located on the second floor of a prestigious 2008-built mixed-use property at 1250 Sussex Turnpike, 07869, this single-tenant space boasts a stunning open floor plan perfect for a variety of uses, particularly wellness-focused businesses. Features include hardwood floors, hand-painted murals, a private bathroom, dedicated office space, a welcoming reception area, ceiling fans, and unique hot yoga heating panels. The suite also offers a distinctive barn door entry, ample parking, building signage, central air conditioning, secure storage, and 24/7 accessibility. Its prime location provides easy access to Route 10 and Millbrook Avenue, and is just five miles west of Morristown, ensuring high visibility and convenient commuting. This turnkey space is move-in ready and offers a high-end, trophy-quality environment within a thriving Western Morris County submarket. The property is situated in Morris County and benefits from the amenities and accessibility of a mixed-use development.

    Property Features for 1250 Sussex Tpke

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,570 SF
    Total Rate
    36000

    Unit(s) available at that property

    Space
    Size
    1,570 SF
    Rate per SF
    $36,000

    HighLights

    • Prime Randolph location, Mt. Freedom section.
    • Prominent mixed‑use building near Morristown, Route 10, and Millbrook Avenue.
    • Abundant parking and building signage; 24/7 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spear Pharmaceuticals Pharmaceutical Company Artistry Skin Center Medical Spa Niyama Yoga Yoga Studio Nisivoccia Consulting Computer Consultant Morris Academy Tutoring Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Morris
    State
    New Jersey
    Longitude
    -74.5828989
    Latitude
    40.8270539

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    FAQs

    What type of property is this?
    Office space - Turnkey Loft Office, Move-In Ready
    Where is this office space located?
    The property is located at 1250 Sussex Tpke Randolph, NJ.
    What is the lease rate?
    The lease rate is $36,000.
    What are key features of this property?
    This property features: Prime Randolph location, Mt. Freedom section.; Prominent mixed-use building near Morristown, Route 10, and Millbrook Avenue.; Abundant parking and building signage; 24/7 access.
    Request Owner's contact information
    1250 Sussex Tpke Randolph, NJ 07869
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    Randolph, NJ 07869
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1250 Sussex Tpke Randolph, NJ 07869
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