200 South Street
LEASE OFFERING
• The Town of Morristown is searching for one or two tenants to occupy the top floor of the Town Hall Building on South Street across from KING’s Supermarket. Prospective tenants should visit the site and complete a registration form to receive a sample auction package. The auction will be by sealed bid. Auction anticipated for late Spring 2019.
• Your lease bid should reflect the following lease information:
• Tenant Information: Prospective tenant is to supply a financial and business overview of their proposed operations.
• Lease Term: Three (3) year minimum. 5 year maximum preferred
• Rent: Minimum starting rate of $23.00 per sq. ft. plus $1.75 per sq. ft. tenant electric
• Parking: On-site parking at a rate of 2 spaces per 1,000 sq. ft. of leased space is available at no additional cost.
• The Town of Morristown reserves the right to reject any and all bids.
PROPERTY HIGHLIGHTS
The Town of Morristown is offering to lease 8,000 SF penthouse office suite on the fourth floor of this iconic downtown office building. Divisible to Units of 3,763 SF and 4,237 SF LOCAL HISTORY. Morristown’s history has tremendous significance. Gen. George Washington marched the Continental Army to Morristown and set up winter headquarters here in 1777. His army had won battles over the British forces in Trenton and Princeton, and the hills that surrounded the camp (Jockey Hollow) gave Washington a vantage point to monitor British troops headquartered in New York City.
LOCATION. Interstate 287 runs to the east of the Green downtown, offering access to Interstates 80 and 78 and Route 24. Route 202 aka Mount Kemble Avenue, runs from Basking Ridge/Bernardsville through town, then to the north as Speedwell Avenue. New Jersey Transit has regular train service to and from New York with the Morristown Station just three blocks from the Green, Morristown’s hub of activity, and the Town Hall. The Green is the site of the Christmas Festival the Morristown Green, the Mayor’s Jazz Festival, and First Night Morris among other community activities.
ACTIVITIES. Morristown is alive with a vibrant mix of housing, dining, fitness/wellness studios, entertainment venues, retail shops and professional services. On-street and structured parking spaces number
in the thousands. South Street, State Route 124, runs to the southeast, toward neighboring Madison. The downtown has many great restaurants and bars, as well as the Mayo Performing Arts Center and Morristown Memorial Hospital, one of the top hospital facilities in the region.
