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99 Cherry Hill Rd, Parsippany, NJ 119 Cherry Hill Rd, Parsippany, NJ
Cherry Hill Portfolio
Asset ClassOffice
overview of deal

Overview

Cherry Hill Office Complex is a two-building, 189,252 SF Class B suburban office campus located at 99 and 119 Cherry Hill Road in Parsippany, Morris County, New Jersey. The Complex is well located .25 miles from Route 46, .5 miles from I-80 and 1 mile from I-287.

 

Constructed in 1981–1982 and maintained through periodic renovations, the buildings offer flexible floor plates capable of accommodating both small and large office users. The offices are supported by approximately 725 surface parking spaces, equating to roughly 3.8 spaces per 1,000 SF. The complex sits on 18.24 acres of land.

 

Property Highlights:

Two-building office complex totaling 189,252 SF

  • 99 Cherry Hill Road: 92,413 SF on ±8.83 acres
  • 119 Cherry Hill Road: 96,839 SF on ±9.41 acres
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Investment Highlights

99 Cherry Hill Road

Parcel ID - 29 00411-0000-00016-1

Building Area - 92,413 SF

Site Area - 8.83 Acres

 

119 Cherry Hill Road

Parcel ID - 29 00411-0000-00016-1

Building Area - 96,839 SF

Site Area - 9.41 Acres

 

Common Features for Both Properties

Floors - 3

Year Built - 1981-1982 w periodic updates

Zoning - ROL (Research Office Laboratory)

Heating & A/C - Central Building HVAC serving tenant spaces

Fire Protection - Fully sprinklered

Construction - Steel frame, Glass Curtain wall, Masonry/concrete structural elements

Roof - Flat commercial roof system

Utilities - Public water, Public Sewer, Electricity, Telecommunications/ Fiber Connectivity

 

Additional Building Features

•Multi-tenant corridor layout

•Central elevator and stair cores

•Lobby entrances in each building

•Perimeter window offices with natural light

•Cafeteria space (99 Cherry Hill)

•Balcony access for certain tenant suites

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99 Cherry Hill RdParsippany, NJ 07054
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