745 Route 46 Parsippany-Troy Hills, NJ 07054
This exceptional retail opportunity is located at 745 Route 46 in Parsippany-Troy Hills, New Jersey, within Morris County. The property offers a total of 32,258 square feet of retail space, with a currently available storefront of 2,036 square feet, perfect for a variety of businesses. The building features ample parking with 124 spaces available for customers and employees. The property is categorized as a multi-tenant retail building, providing a vibrant and bustling environment. The address is easily accessible from Route 46, ensuring high visibility and convenient access for patrons. The zip code is 07054. This location presents a unique chance to establish or expand a business in a thriving commercial area of Parsippany. The available space is ready for immediate occupancy, offering a turnkey solution for businesses seeking a prime retail location in a high-traffic area. The property's strategic location and substantial parking make it an attractive option for businesses seeking maximum exposure and customer convenience. This is an excellent opportunity to secure a well-situated retail space in a desirable New Jersey market. The property is classified as a storefront within the retail property type.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.