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Morris Plains, NJ NNN Properties for Sale

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Leased Grocery-Anchored NNN Center
Updated: Apr 13
Leased Grocery-Anchored NNN Center

245 Littleton Road, Morris Plains, NJ 07950

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67,449 sqft
67,449 SF NNN leased Stop & Shop center with a lease term through 2031
Ahold guarantee (S&P BBB) on the lease
NNN structure with no landlord maintenance/management responsibilities
Located on the heavily traveled intersection of Littleton Road/Route 202 and Route 10 (96,656 cars per day)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morris Plains, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Net-Leased Day Care Center
Net-Leased Day Care Center

40 Park Ave, Summit, NJ 07901

Contact for pricing
11,114 sqft 0.35 AC lot

Single tenant is under a 20-year double-net lease with scheduled rent increases over the base term and renewals.

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Single-Story Retail Building with Expansion
Single-Story Retail Building with Expansion

184 Elm St, Westfield, NJ 07090

Contact for pricing
6,000 sqft

Single-story retail building with approvals for two additional residential stories and added rentable basement office space.

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Fee Simple NNN Bank Building
Fee Simple NNN Bank Building

272 US Highway 46, Rockaway, NJ 07866

Contact for pricing
4,985 sqft

Fee simple bank asset with an absolute NNN lease and remaining primary term for steady tenant operations.

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New Construction Drug Store NNN
New Construction Drug Store NNN

1140 south avenue w, Westfield, NJ 07090

Contact for pricing

Absolute NNN ground lease with 20-year term starting April 2019, featuring ample parking and a drive-through.

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Morris Plains, NJ Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Morris Plains, NJ on our real estate platform. These investment opportunities span a total of 67,449 square feet of properties for sale.

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Demographics Overview

Population 22K
Population Growth (5Y) +12.7%
Median Household Income $148,469
College Educated 96.6%

Taxes & Financing

Tax Rate (average for all types) 2.77%
Property Tax per SF $29.75 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Morris Plains fall within the 100,000+ square foot range.

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