Overview

Morristown Medical Arts Center is a Class B medical office building, located at 182 South Street in Morristown, New Jersey. Morristown Medical Arts Center is strategically located within walking distance of downtown Morristown, New Jersey Transit rail station, and less than one mile from Morristown Memorial Hospital (Atlantic Health System), the largest employer in the city with 6,000 employees, providing direct benefits to nearby medical practitioners. The Property has a Gross Leasable Area (GLA) of 36,317 square feet with about 25,000 square feet of first-floor space and approximately 11,000 square feet of usable basement space. Additionally, the property is situated on a two-acre lot and benefits from abundant parking with 117 parking spaces, including five that are handicap accessible, presenting a parking ratio of four per 1,000 square feet of office space.

 

  • Status Prior Asset
  • Area 36,317 Sq ft
  • Location Morristown, NJ
  • Type Commercial
  • Units11
  • Acquired/Sold2016/2019
  • Exterior
  • Interior Design
  • Aerial View
182 South Street, Morristown - Offering Memorandum_Page_02_Image_0001
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182 South Street, Morristown - Offering Memorandum_Page_04_Image_0001
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182 South Street, Morristown - Offering Memorandum_Page_42_Image_0001

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