80 Jefferson RdHanover, NJ 07981

  • Office properties
  • 85,000 SF
For Sale
$7,500,000 View listing

Property Details for 80 Jefferson Rd

Year built
1999
Lot size
9.24 AC
Property size (Sq ft)
85,000 SF
Property type
Office properties
Property subtype
Medical offices

Description

This exceptional three-story, 85,000 square foot Class B office building presents a below-market opportunity in Hanover, New Jersey, just minutes from Morristown. Built in 1999, the property sits on a 9.24-acre lot and offers 325 parking spaces (a 5:1000 SF ratio). Currently at 33% occupancy, the building features a modified lease type and is zoned OB-RL, allowing for a variety of uses including offices, labs, nursing homes, and fitness facilities. The versatile space is ideal for owner-users or value-add investors. Amenities include on-site management, a cafeteria, monument signage, 24/7 access, a full building backup generator, and overhead receiving/loading doors. Available spaces include up to 25,000 square feet on the first and third floors (divisible) and approximately 6,000 square feet on the second floor (divisible). Its prime location near major highways and Morristown makes it perfect for redevelopment. Building naming rights are also available. All offers will be considered.

80 Jefferson Rd, Hanover, New Jersey

Location Insight

City
Hanover
County
Morris
State
New Jersey
Latitude
40.8188
Longitude
-74.4408

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