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    2200 Nj-10 Morris Plains, NJ 07950

    For Lease
    Contact for pricing

    Class B Office Space, NJ-10, NJ

    Lot size:
    63,425 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Executive Ten, located at 2200 NJ-10 in Morris Plains, New Jersey (zip code 07950), offers exceptional office space opportunities. This two-story, Class B building boasts a total of 63,425 square feet and features multiple tenancies. Built in 1985, the property has recently undergone significant capital improvements totaling $2.4 million. These renovations include complete common area and exterior renovations, installation of a new rooftop HVAC system, and new medical/office installations. Two suites are currently available, ranging in size from 3,073 to 5,464 square feet, making them ideal for a variety of businesses. The building is conveniently located near major transportation arteries, including Routes 46, 80, 280, and 287, and is just minutes from the Morris Plains Train Station and Morristown. The property also benefits from prominent monument signage on Route 10, enhancing visibility and brand recognition. Elevators are available for convenient access to both floors. This is a prime opportunity to secure high-quality office space in a well-maintained and strategically located building.

    Property Features for 2200 Nj-10

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,425 SF
    Class
    B

    Building Details

    Year Built
    1985
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    3,073 SF
    Space
    Available Space 1 - 2nd Floor
    Size
    5,464 SF

    HighLights

    • Executive Ten, 2200 NJ‑10, Morris Plains, NJ 07950: 63,425 SF Class B office building.
    • Two suites available, 3,073 SF - 5,464 SF.
    • $2.4M in recent capital improvements including common area, exterior, HVAC, and medical/office upgrades.
    • Excellent location near Routes 46, 80, 280, 287, and the Morris Plains Train Station.
    • Prominent Route 10 monument signage.
    • Building features elevators.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Morris Plains
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4716163
    Latitude
    40.8502875

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    FAQs

    What type of property is this?
    Medical office - Class B Office Space, NJ-10, NJ
    Where is this medical office located?
    The property is located at 2200 Nj-10 Morris Plains, NJ.
    What are key features of this property?
    This property features: Executive Ten, 2200 NJ-10, Morris Plains, NJ 07950: 63,425 SF Class B office building.; Two suites available, 3,073 SF - 5,464 SF.; $2.4M in recent capital improvements including common area, exterior, HVAC, and medical/office upgrades.
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    2200 Nj-10 Morris Plains, NJ 07950
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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
    2200 Nj-10 Morris Plains, NJ 07950
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