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Property profile & analytics
OFF-MARKET
Lifestyle centers

480 Beverwyck Rd Parsippany-Troy Hills, NJ 07034

11,151 SF
Property ID
US59-1388660
Property summary
AI-generated overview

This exceptional 11,151 square foot medical office space is ideally situated in the heart of Lake Hiawatha's bustling downtown shopping district in Morris County. The single-tenant property offers unparalleled visibility and accessibility, boasting a triple drive-thru for convenient patient access. The building features a generous ceiling height of 10 feet 10 inches, providing ample space for a variety of medical practices or related businesses. Its strategic location offers easy access to major transportation arteries, including Routes 46, 80, and 287, ensuring convenient commutes for both staff and patients. The entire 11,151 square feet is currently vacant and ready for immediate occupancy, presenting a unique opportunity for a medical professional or group seeking a prominent location with high visibility and excellent accessibility. The property is classified as both Retail and Office, and specifically as a Medical Office and Shopping Center subtype. This makes it suitable for a wide range of medical uses, benefiting from the high traffic and visibility of its prime downtown location. The property's size and features make it an attractive option for a practice looking to expand or establish a new presence in a thriving community. The convenient proximity to NJ Transit further enhances its appeal to both patients and employees. This is a rare opportunity to secure a significant and well-located medical office space.

Property profile
Verified
Property type Lifestyle centers
Total area 11,151 SF
UPID US59-1388660
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • St Gregory's Episcopal Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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