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Property profile

300-320 New Rd Parsippany-Troy Hills, NJ 07054

OFF-MARKET
Strip malls
5,000 SF
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Property summary

AI-generated overview

This exceptional 5,000-square-foot retail space is ideally situated at 300-320 New Road in Parsippany-Troy Hills, New Jersey, within Morris County. The property offers a single-tenant occupancy opportunity in a highly visible strip center location. The building's total square footage is 5,000 square feet, currently entirely vacant and ready for immediate occupancy. Ample parking is available with 65 spaces provided for customers and employees. The property's address is 300-320 New Road, Parsippany-Troy Hills, NJ 07054. This presents a unique chance for businesses seeking a prominent location in a thriving community. The property type is retail, specifically a strip center configuration, making it suitable for a variety of retail uses. The convenient location and substantial parking make this an attractive option for businesses looking to establish a strong presence in the area. The entire 5,000 square feet is available for lease, offering flexibility for tenant build-out and customization. This is a single-tenant space, ensuring exclusive use and control of the premises. The property is located in Morris County, New Jersey, offering access to a robust local economy and a substantial consumer base. This presents a rare opportunity to secure a significant retail space in a prime location. Interested parties should inquire promptly.

Property profile

Verified
Property type Strip malls
Total area 5,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Location

300-320 New Rd Parsippany-Troy Hills, NJ 07054
Parsippany-Troy Hills metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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