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Executive Summary

Office/Medical Space - Available for Sale or Lease Building 2: 3,080 SF Condo 206-207 Building 3: Unit 1: 17,500 SF and Unit 2: 3,588 SF contiguous Ceiling Height: Drop Ceiling 9’6”; Deck 17’ Parking: 3.3 Cars per 1,000 SF Large Bathrooms Multiple Exits Separate HVAC Systems Heavy Power: 1200 Amps Across the Street from Princeton Hyatt Walkable to Princeton Junction Train Station Commuter Rail (NEC Corridor) One Mile from Princeton University Easy access to NJ Turnpike, I-95 & Rt. 1

3 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 15,946 SF
  • Office
  • $3,986,500 ($250.00/SF)
  • -
Sale Type Owner User
Sale Conditions Lease Option
Description
Ceiling Height: Drop Ceiling 9’6”; Deck 17’
Parking: 4 Cars per 1,000 SF
Large Bathrooms
Multiple Exits
Separate HVAC Systems
Heavy Power: 1200 Amps
Sale Notes
Across the Street from Princeton Hyatt
Walkable to Princeton Junction Train Station Commuter Rail (NEC Corridor)
One Mile from Princeton University
Easy access to NJ Turnpike, I-95 & Rt. 1
  • Unit 2
  • 3,270 SF
  • Office/Medical
  • $817,500 ($250.00/SF)
  • -
Sale Type Owner User
Sale Conditions Lease Option
Description
Ceiling Height: Drop Ceiling 9’6”; Deck 17’
Parking: 4 Cars per 1,000 SF
Large Bathrooms
Multiple Exits
Separate HVAC Systems
Heavy Power: 1200 Amps
Sale Notes
Across the Street from Princeton Hyatt
Walkable to Princeton Junction Train Station Commuter Rail (NEC Corridor)
One Mile from Princeton University
Easy access to NJ Turnpike, I-95 & Rt. 1
  • Unit 206-207
  • 3,080 SF
  • Office/Medical
  • $770,000 ($250.00/SF)
  • -
Sale Type Owner User
Description
Condo Unit 206-207
Unit Unit Size Condo Use Price NOI
Unit 1 15,946 SF Office $3,986,500 ($250.00/SF) -
Unit 2 3,270 SF Office/Medical $817,500 ($250.00/SF) -
Unit 206-207 3,080 SF Office/Medical $770,000 ($250.00/SF) -

Unit 1

Unit Size
15,946 SF
Condo Use
Office
Price
$3,986,500 ($250.00/SF)
NOI
-

Unit 2

Unit Size
3,270 SF
Condo Use
Office/Medical
Price
$817,500 ($250.00/SF)
NOI
-

Unit 206-207

Unit Size
3,080 SF
Condo Use
Office/Medical
Price
$770,000 ($250.00/SF)
NOI
-

Unit 1

Unit Size 15,946 SF
Condo Use Office
Price $3,986,500 ($250.00/SF)
NOI -
Sale Type Owner User
Sale Conditions Lease Option
Description
Ceiling Height: Drop Ceiling 9’6”; Deck 17’<br> Parking: 4 Cars per 1,000 SF<br> Large Bathrooms<br> Multiple Exits<br> Separate HVAC Systems <br> Heavy Power: 1200 Amps</li></ul>
Sale Notes
Across the Street from Princeton Hyatt<br> Walkable to Princeton Junction Train Station Commuter Rail (NEC Corridor)<br> One Mile from Princeton University<br> Easy access to NJ Turnpike, I-95 &amp; Rt. 1</li></ul>

Unit 2

Unit Size 3,270 SF
Condo Use Office/Medical
Price $817,500 ($250.00/SF)
NOI -
Sale Type Owner User
Sale Conditions Lease Option
Description
Ceiling Height: Drop Ceiling 9’6”; Deck 17’<br> Parking: 4 Cars per 1,000 SF<br> Large Bathrooms<br> Multiple Exits<br> Separate HVAC Systems <br> Heavy Power: 1200 Amps</li></ul>
Sale Notes
Across the Street from Princeton Hyatt<br> Walkable to Princeton Junction Train Station Commuter Rail (NEC Corridor)<br> One Mile from Princeton University<br> Easy access to NJ Turnpike, I-95 &amp; Rt. 1</li></ul>

Unit 206-207

Unit Size 3,080 SF
Condo Use Office/Medical
Price $770,000 ($250.00/SF)
NOI -
Sale Type Owner User
Description
Condo Unit 206-207</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 40,000 SF
Property Type Office
Property Subtype
Medical
  • Flex Research & Development
  • Flex Showroom
Building Class B
Floors 1
Typical Floor Size 34,343 SF
Year Built 1980
Lot Size 13.27 AC
Parking Ratio 2.5/1,000 SF
Zoning ROM2 - Office,call center,medical assembly lab

Amenities

  • 24 Hour Access
  • Day Care
  • Property Manager on Site
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 28146925

  • Date on Market: 4/5/2023

  • Last Updated:

  • Address: 707 Alexander Rd, Princeton, NJ 08540

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