Parsippany-Troy Hills, NJ Commercial Real Estate for Lease and Sale

Explore 82 listings of Parsippany-Troy Hills commercial real estate to find the best space for your business.

Parsippany Commerce Center

1639 Route 10 East, Parsippany-Troy Hills, Parsippany, NJ
Property

Office

152,261 SF
Availability

2 Spaces

29,822 SF
Year Built

1976
For Lease

$24.50/SF/YR
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90 East Halsey Road

90 East Halsey Road, Parsippany-Troy Hills, Parsippany, NJ
Property

Office

98,149 SF
Availability

16 Spaces

46,079 SF
Year Built

1985
For Lease

$22.47 - $27.01/SF/YR
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3799 US Route 46

3799 US Route 46, Parsippany-Troy Hills, Parsippany, NJ
Property

Office

42,339 SF
Availability

2 Spaces

6,555 SF
Year Built

1988
For Lease Contact for pricing
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181 New Road
Liberty Office Suites
181 New Road #304, Parsippany-Troy Hills, NJ
Services

Virtual Office

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Pet friendly

TV/Monitor
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Retail Land
The Center of Morris County Phase II - 100 Kimball Drive

100 Kimball Drive, Parsippany-Troy Hills, Parsippany, NJ
Property

Office

175,000 SF
Availability

5 Spaces

175,000 SF
Year Built

2008
For Lease Contact for pricing
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The Center of Morris County

200 Kimball Drive, Parsippany-Troy Hills, Parsippany, NJ
Property

Office

175,000 SF
Availability

5 Spaces

175,000 SF
Year Built

2001
For Lease Contact for pricing
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6 Century Drive
Bergman Real Estate Group
6 Century Drive, Parsippany-Troy Hills, NJ
Services

Private Office
Amenities

24/7 security

Bike sharing

Business lounge

Fitness center

Game room

Massage chairs

Media center

Meditation room

Office furniture

On-site café
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Maple Plaza I

4 Campus Drive, Parsippany-Troy Hills, Parsippany, NJ
Property

Office

146,546 SF
Availability

10 Spaces

53,511 SF
Year Built

1983
For Lease Contact for pricing
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6 Century Drive
The Quad at Century Campus
6 Century Drive, Parsippany-Troy Hills, NJ
Services

Meeting Room

Private Office
Amenities

24/7 security

Barista

Bike sharing

Business lounge

Complimentary coffee & tea

Fitness center

Game room

High-speed wifi

Media center

Office furniture
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3219 U.S. 46
Larken Associates
3219 U.S. 46, Parsippany-Troy Hills, NJ
Services

Meeting Room

Private Office
Amenities

Heating & A/C

High-speed internet

Kitchen

Lounge area

Parking

Utilities included
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8 Campus Drive
WorkSocial
8 Campus Drive, Parsippany-Troy Hills, NJ
Services

Open Workspace

Meeting Room

Private Office
Amenities

Breakout spaces

Business lounge

Complimentary coffee & tea

High-speed internet

High-speed wifi

IT support

Mail services

Notary/Legal services

Printer

Receptionist/Secretarial services
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±20,025 SF Professional and Medical Office

239 New Road , Parsippany-Troy Hills, Parsippany, NJ
Property

Office

20,025 SF
Availability

1 Space

20,025 SF
For Lease Contact for pricing
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Morris Hills Shopping Center

3047 US Route 46, Parsippany-Troy Hills, Fairfield, NJ
Property

Retail

159,561 SF
Availability

10 Spaces

134,806 SF
Year Built

1970
For Lease Contact for pricing
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Northpoint at 20 Waterview

20 Waterview Boulevard, Parsippany-Troy Hills, Parsippany, NJ
Property

Office
Availability

1 Space

26,000 SF
Year Built

1988
For Lease Contact for pricing
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323 Parsippany Rd

323 Parsippany Rd, Parsippany-Troy Hills, Parsippany, NJ
Property

Industrial

8,188 SF
Availability

1 Space

3,057 SF
For Lease

$10.00/SF/YR
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1012 Tabor Rd

1012 Tabor Rd, Parsippany-Troy Hills, Morris Plains, NJ
Property

Retail

1,800 SF
For Sale

$995,000
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Westmount - Arlington Plaza

808 US Route 46, Parsippany-Troy Hills, Parsippany, NJ
Property

Retail

460,000 SF
Availability

1 Space

4,850 SF
Year Built

1997
For Lease Contact for pricing
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35 N Beverwyck Rd

35 N Beverwyck Rd, Parsippany-Troy Hills, Lake Hiawatha, NJ
Property

Office

1,000 SF
Availability

1 Space

750 SF
Year Built

1965
For Lease Contact for pricing
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1055 Parsippany LLC

1055 Parsippany Boulevard, Parsippany-Troy Hills, NJ
Property

Office

86,723 SF
Availability

12 Spaces

38,135 SF
For Lease Contact for pricing
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199 Cherry Hill Road

199 Cherry Hill Road , Parsippany-Troy Hills, Parsippany, NJ
Property

Office

57,445 SF
Availability

5 Spaces

57,445 SF
For Lease Contact for pricing
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1100 Edwards Rd

1100 Edwards Rd, Parsippany-Troy Hills, Parsippany, NJ
Property

VacantLand
Availability

1 Space

217,800 SF
For Lease Contact for pricing
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50 Intervale Road

50 Intervale Road, Parsippany-Troy Hills, Boonton, NJ
Property

Office

27,500 SF
Availability

1 Space

4,920 SF
For Lease

$15.50/SF/YR
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1315 US-46

1315 US-46, Parsippany-Troy Hills, NJ
Property

Retail

4,800 SF
Availability

1 Space

4,800 SF
For Lease Contact for pricing
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3699 Route 46

3699 Route 46, Parsippany-Troy Hills, Parsippany, NJ
Property

Office

7,123 SF
Availability

1 Space

2,100 SF
For Lease

$20.00/SF/YR
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Fox Hill Industrial Park - 100 Lackawanna Avenue

100 Lackawanna Avenue, Parsippany-Troy Hills, Parsippany, NJ
Property

Industrial

80,324 SF
Availability

1 Space

46,855 SF
Year Built

1985
For Lease Contact for pricing
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2001 US-46 Parsippany

2001 US-46 Parsippany, Parsippany-Troy Hills, NJ
Property

Office

131,261 SF
Availability

10 Spaces

35,330 SF
Year Built

1981
For Lease Contact for pricing
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745 US-46

745 US-46, Parsippany-Troy Hills, Kenvil, NJ
Property

Retail

3,800 SF
For Sale Contact for pricing
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Parsippany Hills Village

1561 Route 46, Parsippany-Troy Hills, Parsippany, NJ
Property

Retail

22,320 SF
Availability

2 Spaces

7,400 SF
Year Built

1979
For Lease Contact for pricing
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159 Troy Rd

159 Troy Rd, Parsippany-Troy Hills, Parsippany, NJ
Property

VacantLand
Year Built

1950
For Sale Contact for pricing
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333 New Rd

333 New Road, Parsippany-Troy Hills, Parsippany, NJ
Property

Industrial

27,671 SF
Availability

2 Spaces

14,800 SF
Year Built

1981
For Lease

$13.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Parsippany-Troy Hills commercial real estate market incorporates 6,694,784 square feet of office space across 57 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Parsippany-Troy Hills, the coworking segment of the commercial real estate market incorporates about 2,129 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Parsippany-Troy Hills commercial real estate market includes 664,281 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Parsippany-Troy Hills market, there is a total of 926,717 square feet of industrial property.

The listing inventory in Parsippany-Troy Hills incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Parsippany-Troy Hills is represented by Office space, which accounts for 2,502,795 square feet of available listings. Industrial space available in Parsippany-Troy Hills adds up to 344,929 square feet.

Meanwhile, most of the listings of commercial property for sale in Parsippany-Troy Hills are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Parsippany-Troy Hills is $24.1 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Parsippany-Troy Hills can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Parsippany-Troy Hills, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $28 per square foot. In particular, the property type commanding the highest lease rates in Parsippany-Troy Hills was Office space.

The average size of a commercial property in Parsippany-Troy Hills depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Parsippany-Troy Hills, the average size of an office property is 123,978 square feet.
Retail properties here incorporate an average of 94,898 square feet.
Industrial space in Parsippany-Troy Hills is in buildings that are, on average 154,453 square feet in size.

Parsippany-Troy Hills, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Parsippany-Troy Hills currently add up to 3,123,448 square feet. The market offers 57 active office listing(s), which amount to 2,483,972 square feet and account for 82% of commercial spaces on the market. Local retail availability includes 76,747 square feet across 4 retail space(s). Industrial space for rent opportunities in Parsippany-Troy Hills amount to 344,929 square feet across a total of 7 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	57	2,483,972
Retail	4	76,747
Industrial	7	344,929
Other	1	217,800

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Parsippany-Troy Hills, NJ. Currently, there is 10,800 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	1	3,800
Other	2	7,000

Parsippany-Troy Hills, NJ Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Parsippany-Troy Hills, NJ?

What factors affect the price of commercial real estate in Parsippany-Troy Hills, NJ?

What is the average rent for commercial space in Parsippany-Troy Hills, NJ?

What are the best areas for commercial real estate in Parsippany-Troy Hills, NJ?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Parsippany-Troy Hills, NJ?

Parsippany-Troy Hills, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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