Princeton Office with Value-Add Potential 3 Independence Way 125,700 SF 44% Leased Office Building Online Auction Sale Princeton, NJ 08540

3 Independence Way presents an ideal opportunity in Princeton, New Jersey. The 125,700-square-foot office property is well appointed with four stories. Set on 8.44 acres, the property offers abundant surface parking with 500 spaces, accommodating both employees and visitors with ease. Originally built in 1983, this meticulously maintained property has been thoughtfully upgraded and enhanced over the years. Notable amenities include a full-service café, modern fitness center, state-of-the-art security system, and newly upgraded HVAC.

With 44% current occupancy, the property boasts a dynamic, synergistic tenant mix that enhances the overall business environment. Current tenants on site include Rutgers University, Aetna, an energy company, and other business and professional services. Investors have a compelling opportunity to unlock significant upside by capitalizing on the property's vacancies and leasing them at competitive market rates, driving both income and overall asset value.

This Princeton location is a highly sought-after destination for investors, offering unmatched appeal and potential. Princeton benefits from being strategically positioned between major urban hubs like New York City, Philadelphia, and Trenton. Its proximity to key cities provides convenient access to a diverse pool of potential tenants, including businesses seeking a well-connected suburban location. Princeton is a prestigious location for office users with Princeton University and a variety of major companies across different industries. Bristol Myers Squibb, Novo Nordisk, Dow Jones, Tyco International, and Covance are just a few big names running out of this locale. This thriving business environment fosters innovation and attracts top-tier talent. Princeton continues to be a magnet for both established corporations and emerging enterprises.

3 Independence Way benefits from its advantageous location in Princeton near major roadways. Route 1’s close proximity ensures seamless connectivity, enabling efficient commutes for both employees and visitors. Convenience is key in this area with many restaurants and retailers close by. Ruth’s Chris Steak House, ShopRite, The Home Depot, McDonald’s, and countless hotels are all close by.

Property tours are available by appointment only. Please contact the listing broker to schedule.