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Investment Highlights
- Ibis Plaza offers 119,400 SF of in-line suites on 8.34 acres in single-story flex spaces, ideal for professional, medical, and other service uses.
- Investor’s opportunity to acquire a cash-flowing office campus with an annual NOI surpassing $1.69M and projected to exceed $1.7M.
- Home to a variety of industries, including government, healthcare, wholesale, administrative support services, finance, and information.
- Within a 3-mile radius, over 50,000 residents earn an average household income of $123,555 and have a total consumer spending of $780M.
- Located near demand drivers and national retailers, including Children's Specialized Hospital, Exxon, Dunkin', Five Guys, Hamilton Station, and more.
- Financing contingency is available for qualified bidders. Please reach out to Taylor Cunningham to discuss. 305-521-2872
Executive Summary
Ibis Plaza consists of two in-line single-story buildings on 8.34 acres. 3525 Quakerbridge Road spans 66,900 square feet and features nearly 300 surface parking spaces. 3535 Quakerbridge Road spans 52,500 square feet and features nearly 200 surface parking spaces. Collectively, both buildings are near 100% capacity with anchor tenants such as the Capitol County Children’s Collaborative, Creative Change Counseling, and Steep Hill Green Analytics. In-line suites feature individual tenant signage, and the plaza boasts prominent entry signage, with manicured landscaping throughout. Ibis Plaza most recently generated an NOI of $1,567,187 and projects a stabilized NOI exceeding $1.7 million, driven by the site’s strong co-tenancy and industry synergies.
Ibis Plaza is in a prime location, midway between New York and Philadelphia, just outside Trenton, New Jersey. The site is off Interstate 295, with convenient access via Interstate 95/New Jersey Turnpike. Tenants are just minutes from the Hamilton Train Station, the Northeast Corridor Link (NJ Transit), and Amtrak, with an on-site bus route. Numerous restaurants, shopping malls, retailers, and event venues are nearby for after-work convenience.
The Trenton Submarket is home to a robust skilled labor pool, with numerous nearby Fortune 500 headquarters, including Johnson & Johnson, Prudential Financial, and Merck & Co. The impressive community is supported by Princeton University, Rutgers University, and Rider College, as well as excellent private and public schools. According to CoStar analytics, over 45% of the 50,000+ residents hold a bachelor's degree or higher, signifying the community’s affluence and correlating with average household income exceeding $123,500.
Ibis Plaza presents an investor’s opportunity to secure a highly profitable commercial plaza catering to the Northern New Jersey Market’s tenant demand and capabilities.
Matterport 3D Tour
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
| Sale Condition | Auction Sale | Sale Type | Investment |
| Type of Ownership | Fee Simple | Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
Properties
| Property Name / Address | Property Type | Size | Year Built |
|---|---|---|---|
|
Ibis Plaza
Hamilton, NJ 08619 |
Office | 66,900 SF | 1985 |
|
Ibis Plaza North
Hamilton, NJ 08619 |
Office | 52,500 SF | 1980 |
Sale Advisors
Jordan Sobel, Director
Since joining the Private Client Group, Jordan has been involved in more than $1 billion of property sales comprising over 4 million square feet. Jordan’s tenacity and work ethic has consistently delivered superior results for his clients.
Prior to joining the Capital Markets Group, Jordan was a Land Acquisition Analyst at K. Hovnanian Homes. There he assisted the Acquisition team with the evaluation on current and potential acquisitions.
Andrew Schwartz, Managing Director
Since joining the Capital Markets Group, Andrew has been involved in more than $500 million of property sales comprising over 5.7 million square feet. Prior to that, he worked on Wall Street for 20 years serving institutional clients at Abel Noser and Morgan Stanley. Previous to that, he was with Cushman & Wakefield as an office and industrial leasing broker.
Andre Balthazard, Sr. Associate
Daniel Bottiglieri, Senior Associate - Capital Markets
Brian Anderson, Debt Manager
About Trenton
Trenton’s location in central New Jersey provides quick access to New York City and Philadelphia, with local office tenants able to draw employees from the high-quality labor pools of both cities. Inventory is clustered in the city’s downtown and along highways like the Trenton Freeway and Interstate 295.
Trenton’s status as the state capital makes it a natural home for many government organizations. The New Jersey Courts, the State of New Jersey Department of Health, New Jersey Office of Information Technology, and the New Jersey Department of Management & Construction are among the largest government tenants found in the city.
Trenton’s proximity to both New York City and Philadelphia is also an important benefit. Less than an hour away from either, Trenton has access to a highly educated population and knock-on industry benefits. The finance and insurance sector, driver of much of New York City’s growth, is also prominent in Trenton. Merrill Lynch and Blackrock, in particular, have a substantial presence in Trenton.
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