Parsippany, NJ Office Units for Lease
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Parsippany, NJ Office Units Lease Rates & Market Statistics
Browse 27 Office Units for lease in Parsippany, NJ on Realmo, a commercial real estate marketplace serving the Parsippany area. The current inventory totals 260,318 square feet of properties — an average of ~9,650 SF per listing.
Asking lease rates for Office Units in Parsippany start at $16 SF/Yr, average $20.08 SF/Yr, and reach $22.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20.08 SF/Yr, the local average runs 15% below New Jersey's state average of $23.56 SF/Yr.
Parsippany accounts for 22% of the 122 office units currently available across Morris County, where nearby markets include Morristown and Florham Park. Office Units make up 51% of the 53 Office Spaces currently for lease in Parsippany, with asking rates in line with the citywide Office Spaces average. Tenants comparing options may also consider Office buildings (24 listings) and Coworking space (6 listings) elsewhere in the Parsippany market.