Updated Mar 11, 2026
Vital Care Of Morristown Leases 3151 Square Feet Office Space In Parsippany New Jersey
3219 Us Route 46
Building Size
3,151 SF
Asset Type
Office
Closing
Mar 10, 2026
About this deal
AI
The property involved in this transaction is an office asset located at 3219 Route 46 East in Parsippany, New Jersey. It encompasses a total square footage of 3,151 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Date: 03/10/2026
- Market: Parsippany
- Tenant: Edward Sohn - Vital Care of Morristown
- Broker Representatives: Victor Kelly - Larken Associates; Jon Compitello - JLL
The lease was facilitated to support Vital Care of Morristown, a franchise of Vital Care Infusion Services, in its expansion of community-based infusion therapy services. The ownership representation was provided by Victor Kelly of Larken Associates and Jon Compitello of JLL.
On the Map
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93