• 140 Littleton Road
  • 140 Littleton Road
  • +2 images 140 Littleton Road

140 Littleton Road Listing Details & Market Data

140 Littleton Road, Parsippany, NJ 07054

  • For Sale Subject To Offer
  • Property Type Office - General Office
  • Property Size 30,500 SF
  • Lot Size 1.64 Acre
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985
  • Date Updated Jan 19, 2023
140 Littleton Road is an attractive destination for businesses as it is strategically located at the intersection of I-80 and I-287 and within proximity of other commuter highways, including I-287, Routes 46, 10, 24, and 202. It’s only a few hundred feet from an NJ Transit bus stop at the intersection of Jefferson Road and Smith Road. The bus stop is serviced by NJ Transit lines 79, 871, and 874, providing service throughout Northern New Jersey, including access to local rail transportation to and from New York City. The property offers an attractive opportunity for investors to acquire a well-occupied, strategically located, multi-tenant office asset with quality tenants and market-to-market rent appreciation opportunities. The asset is located with quality local amenities and close to the Sheraton Parsippany Hotel, a 370-room luxury hotel. In addition to the Sheraton, there are multiple other hotel accommodations within two miles of the property, including an Embassy Suites, Hampton Inn, Fairfield Inn, Marriott Courtyard, and a Hyatt House. The nearby hospitality options are a convenient amenity for business travelers to the Property.
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Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (52)

  • Bike Score ®

    Somewhat Bikeable (30)
Powered by Walk Score ®
  • City Parsippany, NJ
  • Neighborhood Parsippany-Troy Hills
  • Zip Code 07054
  • Market New Jersey

Points of Interest

  • Mountain Lakes

    1.53 miles

  • Boonton

    2.58 miles

  • Mount Tabor

    3.35 miles

  • Denville

    3.45 miles

  • Morris Plains

    4.08 miles

  • Towaco

    5.55 miles

  • Morristown

    5.60 miles

  • Convent Station

    6.18 miles

  • Dover

    7.24 miles

  • Lincoln Park

    7.28 miles

  • Sunoco

    0.23 miles

  • BP

    0.25 miles

  • Exxon

    0.27 miles

  • Woroco

    0.66 miles

  • Shell

    0.71 miles

  • Delta

    0.81 miles

  • Delta

    0.99 miles

  • Valero

    1.75 miles

  • Shell

    2.03 miles

  • Gulf

    2.13 miles

  • Park and Ride

    0.62 miles

  • Modera Parsippany Car Park

    0.67 miles

  • Park and Ride

    1.86 miles

  • Taft Field Parking Lot

    2.51 miles

  • Birchwood Lake Parking Lot

    2.57 miles

  • Upper Plane St. Parking Lot

    2.70 miles

  • Boonton Avenue Parking Lot

    2.73 miles

  • Guest Parking

    3.49 miles

  • Rock Ridge Clubhouse

    3.86 miles

  • Rock Ridge Baseball Field

    4.00 miles

  • The Habit Burger Grill

    0.24 miles

  • Wendy's

    0.24 miles

  • Dunkin'

    0.26 miles

  • McDonald's

    0.37 miles

  • Red Stone Tavern

    0.46 miles

  • Fuddruckers

    0.47 miles

  • Jersey Mike's Subs

    0.81 miles

  • Dunkin'

    0.81 miles

  • Annabella's Pizzeria & Restaurant

    0.82 miles

  • Spice Route Melange

    0.83 miles

  • Eastlake Elementary School

    0.57 miles

  • Central Middle School

    0.82 miles

  • Intervale Elementary School

    1.08 miles

  • Northvail Elementary School

    1.08 miles

  • Lake Parsippany Elementary School

    1.19 miles

  • Parsippany High School

    1.46 miles

  • Knollwood Elementary School

    1.68 miles

  • Brooklawn Middle School

    1.74 miles

  • Troy Hills Elementary School

    1.78 miles

  • Briarcliff Middle School

    1.81 miles

  • The Goddard School

    0.80 miles

  • Children of America

    3.65 miles

  • Kiddie Academy

    4.30 miles

  • Morris Plains Co-Op Play School

    4.40 miles

  • Tiny Treasures

    5.66 miles

  • Cradles To Crayons

    5.68 miles

  • Cradles to Crayons

    5.74 miles

  • Cradles To Crayons

    5.82 miles

  • KinderCare

    6.83 miles

  • A Pleasant Day

    7.44 miles

Contacts

broker

Jacklene Chesler

Colliers

Not Available

Highlights

  • • Current average rental rates are 16.4% below market.
  • • Office asset with relatively low leasing costs and high cash-on-cash returns.
  • • Diversified rent roll with limited single tenant rollover risk.
  • • Well maintained office asset with recent renovations to common areas, parking lot, elevators, HVAC systems and roof.
  • • Strategically located directly off the intersection and across points of I-287 and I-80.
  • • Highly amenitized: just minutes from the Sheraton Parsippany Hotel, Target, Whole Foods, Shake Shack and Marshalls.

Attachments

Contact Listing Broker

broker

Jacklene Chesler

Colliers

Not Available