Crossroads Corporate Center

For Sale$3,995,000

199 Pomeroy Road, Parsippany, NJ 07054

  • Office

Crossroads Corporate Center, Parsippany, NJ 07054 - Office Space

Crossroads Corporate Center is located at 199 Pomeroy Road in the Parsippany-Troy Hills neighborhood, NJ, Parsippany, 07054. The Office building was completed in 1979 and features a total of 85,200 Sqft.

There are 272 office spaces for lease in the Parsippany-Troy Hills neighborhood, totaling 3,398,455 Sqft of available office space. The office space availability for the 07054 zip code is 2,379,850 Sqft, in 223 office spaces. The average asking office rent per sq. ft. in Parsippany-Troy Hills is $22.46/sqft/year. For Class A office buildings the average office rate is $26.88/sqft/year, for Class B office buildings the average office rate is $21.25/sqft/year, for Class C office buildings the average office rate is $17.9/sqft/year.

In Parsippany-Troy Hills, there are 37 class A office buildings, there are 62 class B office buildings, there are 5 class C office buildings. In Parsippany-Troy Hills, there are a total of 11 LEED certified office buildings. In 1979, the same year Crossroads Corporate Center was built, 14 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Parsippany, featuring 480,679 square feet of commercial space. At zip code level, there are 109 commercial properties, of which 79 are office buildings over 50,000 square feet.

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Details

  • Price $3,995,000
  • City Parsippany
  • Neighborhood Parsippany-Troy Hills
  • Zip Code 07054
  • Market New Jersey
  • Property Type Office
  • Property Size 85,200 Sqft
  • Lot Size 5 Acre
  • Parking Ratio 4.00/ 1,000 SF
  • Year Built 1979
  • Date Updated 21 Feb, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

A three story 85,000-square foot office building situated on 5 acres, which underwent major renovations in 1998.

Highlights

  • Nearby Hotel

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Crossroads Corporate Center?

Crossroads Corporate Center totals 85,200 square feet.

When was this property built?

Crossroads Corporate Center was built in 1979.

Parsippany-Troy Hills Demographics

The average household income in zip code 07054 is $123,960, from a total of 11,164 households. In terms of employment, there are 89.27 % white-collar and 10.73 % blue-collar jobs in zip code 07054.

Population

  • Total Population52,027
  • Male Population(48.3 %) 25,123
  • Female Population(51.7 %) 26,903
  • Median Age43.30

Income/Financial

  • Average Household Income$123,320
  • Median Household Income$100,185
  • Median Income Under 25$65,782
  • Median Income 25-44$110,426
  • Median Income 45-64$135,806
  • Median Income Over 65$62,112

Commercial Broker Register now to add listings

Edward J. Duenas

Cushman & Wakefield

(201) 460-3381

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