Industrial For Sale. 62 Parsippany Blvd Boonton The building is physically located in Parsippany

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1 Industrial For Sale Total Building Size: 21,500 SF Office Space: 2,500 SF Ceiling Height: 12 ft. The building is physically located in Parsippany Features: The entire building is air conditioned (new units) Gas Heat New LED lighting throughout the building Wet sprinkler system Drive-in Door: 2 Power: Acreage: 1,600 Amps 3 phase 1.4 acres Parking: Ample Zoning: SED3 Location: Located on Route 202 Close to routes 287,46, and 80 Asking Price: $2,900,000 Exclusive Broker: David R. Williams Senior Vice President Office: (973) Cell: (201) drwilliams@weichertcommercial.com

2 Tax Map

3 Location Map

4 Zoning Chapter 430. Zoning Township of Parsippany-Troy Hills, NJ Thursday, September 6, 2018 Article XXI. SED Specialized Economic Development Districts 3, 3A, 5, 5A and Permitted uses. The uses established in such districts shall be con ned, except as hereinafter set forth, to the following, including combinations thereof, at an intensity not to exceed the limitations imposed by the performance standards hereinafter set forth. A. B. C. D. E. O ces for executive or administrative purposes, except that in the SED-3A and the SED-5A Districts, such o ces that were not in existence prior to March 14, 2000, shall be ancillary to the other principal permitted uses and shall occupy no more than 30% of the oor area of the principal building. [Amended by Ord. No. 2006:18] Scienti c or research laboratories, including incidental pilot plants in connection therein. Fabrication and assembly of products. Processing and warehousing facilities for nished products and materials. Digital data storage warehouses. [Amended by Ord. No ] F. Mobile food vendor establishments, including all vehicles, trailers and structures operated by a mobile food vendor, as de ned in Chapter 296, Peddling and Soliciting, Article I, Canvassers, Solicitors and Mobile Vendors, for transporting food and beverages for sale therefrom while stopped or parked at a location upon lands within the Township. [Amended by Ord. No. 2007:32 [1] ] [1] Editor's Note: This ordinance deleted former Subsection F, pertaining to motels, and re-lettered former Subsection G as F Prohibited uses. It is speci cally intended to prohibit the following uses (among others and not by way of limitation) in Specialized Economic Development Districts: A. B. C. Residential uses, except if permitted as an accessory use under Commercial uses, except if permitted as an accessory use under Chemical manufacturing uses, chemical processing uses and laboratory uses studying toxic gases. D. Warehousing of toxic gases Accessory uses.

5 Zoning Any accessory use on the same lot customary and incidental to any use permitted in this district shall be permitted, but shall not be limited to: A. B. Quarters for necessary caretakers and watchmen located on the same lot. Sta houses and other accessory uses and buildings as set forth below: (1) (2) Such sta house shall be located and erected upon a building site of at least 40,000 square feet, which site shall be no less than 200 feet in width at the front and shall be set back 75 feet from a street. No sta house shall have less than 1,500 square feet of oor area, shall not be higher than 35 feet and shall have a twenty- ve-foot side and fty-foot rear yard area. C. D. Cafeteria facilities for the sale of items to and for the personal convenience of persons employed on premises. Showroom. (1) Showroom for the limited sale of products to employees only, provided that the showroom shall be: (a) (b) Limited to an area not more than 1% of the total building area, but in no event shall the area exceed 1,500 square feet. An integral part of the building. (2) Sales of products to general public may be permitted in accordance with Township ordinances. E. F. Snack bars, luncheonette, beauty parlor, bookshop, newsstand and banks, provided that such use(s) shall not exceed 20,000 square feet of oor area or occupy more than 25% of the total oor area of the principal structure in which located, whichever is the lesser; that no one use shall occupy more than 10,000 square feet of oor area; and that such uses shall be located only on the ground level of the principal structure and that entrance and exit, excluding emergency doorway to such uses, shall be from doorways to an interior common hallway of the principal building. Child-care center, provided that: (1) (2) (3) (4) (5) (6) Unless speci cally exempted by the Planning Board of the Township of Parsippany-Troy Hills, such facility includes an outdoor play area which contains no less than 100 square feet for every child attending such facility and is enclosed by a fence at least four feet in height. Pickup and delivery of children takes place on the premises on which such facility is located and provides for a safe means of ingress and egress as approved by the Planning Board of the Township of Parsippany-Troy Hills. Such facility complies with all applicable requirements of the State of New Jersey, including Building and Firesafety Code requirements. All licenses or other approvals required by the State of New Jersey or any department or agency thereof for the operation of such a facility have rst been obtained. A license for the operation of such a facility has rst been obtained from the O ce of Health of the Township of Parsippany-Troy Hills. [Amended by Ord. No. 2005:31] The Planning Board of the Township of Parsippany-Troy Hills may impose such additional conditions and safeguards as it deems appropriate and may require such studies and investigation as it deems necessary in order to guarantee maximum protection of children attending such facility and maximum protection of adjoining properties.

6 Zoning G. Indoor corporate health facilities, subject to the limitations that such accessory use shall: [Added by Ord. No ] (1) (2) (3) (4) (5) (6) Occupy no more than 5% of the oor area of the principal building in which said corporate health facility is located. Not occupy more than 20,000 square feet of oor space. Be limited in hours of operation to Monday through Friday, 6:00 a.m. to 8:00 p.m. to coincide with the building's standard business hours. Not be advertised by exterior signage. Not be accessible by an exterior entry. Be limited in membership to employees of the building or facilities within the SED Districts in which the principal building is located.

7 demographics KEY FACTS EDUCATION 5,083 Population % 2.6 Average Household Size Median Age $93,222 Median Household Income No High School Diploma 21% High School Graduate 16% Some College 57% Bachelor's/Grad/Prof Degree BUSINESS EMPLOYMENT 75% White Collar 11% 4.6% 364 Total Businesses 3,216 Total Employees Blue Collar Services 14% Unemployment Rate INCOME Households By Income The largest group: $100,000 - $149,999 (21.8%) The smallest group: $25,000 - $34,999 (5.2%) Indicator Value Difference <$15, % +1.9% $15,000 - $24, % +0.9% $25,000 - $34, % +1.0% $35,000 - $49, % +1.3% $50,000 - $74, % +1.0% $75,000 - $99, % +2.5% $93,222 Median Household Income $47,870 Per Capita Income $216,460 Median Net Worth $100,000 - $149,999 $150,000 - $199,999 $200, % 9.6% 15.3% +2.2% -3.7% -7.2% Bars show deviation from Morris County

8 Traffic Count Traffic Count Map 62 Parsippany Blvd, Boonton, New Jersey, Rings: 1, 3, 5 mile radii Prepared by Esri Latitude: Longitude: Source: 2018 Kalibrate Technologies (Q1 2018). September 07, Esri Page 1 of 1