90 Halsey RdParsippany-Troy Hills, NJ 07054

For Sale
Call for price

Class A Office Building, 98,149 SF, 89% Leased

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A office building, Halsey Corporate Center, offers 98,149 square feet of prime office space in Parsippany-Troy Hills, New Jersey. Located at 90 E Halsey Rd, 07054, this single, three-story building sits on a 6.85-acre lot and boasts a strong 89% occupancy rate. The property features a modern atrium lobby and a full-service cafeteria, catering to the needs of its diverse tenant base. Recent capital improvements exceeding $4.3 million have enhanced the building's infrastructure, including upgrades to HVAC, lighting, restrooms, energy management systems, and elevators. The building is zoned SED-5 and offers a mix of traditional office spaces and co-working suites, appealing to a wide range of businesses. Its strategic location provides superior highway access, less than a quarter-mile from Interstate 287 and within two miles of Interstates 80 and 280, as well as several major state routes. The surrounding area offers abundant amenities, including Wegman's, Whole Foods, and numerous restaurants and cafes. This multi-tenant, gross lease property presents a compelling investment opportunity with strong leasing momentum and significant upside potential. The building's modern amenities and convenient location make it an attractive option for businesses seeking flexible and well-appointed office space in a thriving market. The property's current net operating income exceeds $1.1 million.

Highlights

  • 89% leased, up over 20% since January 2021, reflecting $4.3M+ in capital improvements (HVAC, lighting, restrooms, elevators, energy management).
  • Excellent highway access: <1/4 mile from I-287 interchange; within 2 miles of I-80, I-280, and Routes 24, 46, 10, and 202.
  • Abundant nearby amenities including Wegmans, Whole Foods, and numerous restaurants.
  • Parsippany office market experiencing significant conversion of over 1.5M SF to alternative uses.

Property Details for 90 Halsey Rd

Property type
Other office properties, Office properties
Square Feet
98,149 SF
Class
A
Year Built
1986
Buildings
1
Stories
3
Lot Size (sq. ft)
298,386 SF

Location Insight

City
Parsippany-Troy Hills
County
Morris
State
New Jersey
Latitude
40.8501433
Longitude
-74.4211448
90 Halsey Rd, Parsippany-Troy Hills, New Jersey

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
90 Halsey Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message