2 Ridgedale Ave Cedar Knolls, NJ 07927
For Lease
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This exceptional three-story office building, located at 2 Ridgedale Ave, Hanover, NJ 07927, presents a below-market opportunity for discerning tenants. Boasting 70,000 square feet of Class B office space, this well-maintained property offers a blend of traditional and executive office suites, perfect for a variety of business needs. The building features ample parking with 400 spaces, ensuring convenient access for employees and clients. Two high-speed elevators efficiently service all three floors. Situated near Route 10 and with a cross street of Route 10, this location provides excellent accessibility and visibility. Built in 1975, the building benefits from ongoing maintenance and a motivated ownership. Two units are currently available for lease, offering flexible lease terms to accommodate individual business requirements. The asking rental rate is a competitive $17 per square foot, plus tenant-paid electricity. A significant advantage is the inclusion of cleaning services within the rental rate. This presents a truly compelling opportunity in Morris County's most valuable office space. Don't miss this chance to secure a prime location at an exceptional price point.
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Avenues in Motion Charitable Organization Social Service Agency
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Fran J Garb Law Office Law Firm Insurance Agency
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Health Mark Alliance Public Health Department
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PNC Bank ATM Atm
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Niraj Chhabra - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IP · Cedar Knolls, NJNo 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.