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Office Building with Heavy Power
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707 Alexander Rd, Princeton, NJ 08540

Office space with separate HVAC systems, heavy electrical service, and walkable access to Princeton Junction commuter rail.

Space Size15,955 SF
Days on Market584

Property Features for 707 Alexander Rd

General Information

Standard status Active
Size 15,955 SF
Property subtype OFFICE

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Amenities

Large Bathrooms
Multiple Exits
Separate HVAC Systems
Heavy Power: 1200 Amps
Across the Street from Princeton Hyatt
One Mile from Princeton University

Building Details

Parking Ratio 4 per 1,000 SF

Spaces For Lease

at 707 Alexander Rd
Building 3 $24/SF/Yr
Floor 1
Size 15,955 SF
Type OFFICE
Lease Type PLUS_UTILITIES
Availability AVAILABLE, Now
Sublease No
- 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 - 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
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Listing Agency: Fennelly Associates
Listed By: Gerard J. Fennelly
Source: Moodyscre
Added: Mar 27, 2025 Changed: Oct 25 Last Checked: Oct 30 at 5:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fennelly Associates

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Investment Insights

Based on property information with market context.

Office building space featuring a drop ceiling at 9’6”, a deck measuring 17’, large bathrooms, and multiple exits. The building has separate HVAC systems and heavy electrical service of 1,200 Amps, supported by a parking allowance of 4 cars per 1,000 SF.

Conveniently situated across the street from Princeton Hyatt and within walking distance of Princeton Junction Train Station on the NEC Corridor commuter rail line. The property is also about one mile from Princeton University, with easy access to the NJ Turnpike, I-95, and Rt. 1.

With approximately 15,955 SF of space, the layout and mechanical separation are designed to support flexible office use where multiple exits and independent HVAC can be an operational advantage.

Key Highlights

  • Heavy electrical service: 1,200 Amps
  • Separate HVAC systems for the office space
  • Parking allowance of 4 cars per 1,000 SF

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Princeton Design Firm Marketing & Advertising Heptronik Corporation Corporate Office AVS SYSTEMS (Bike/Boat/Book/etc) Store Dr. Thomas F. ... Pediatrician Mathematica Policy Research Research Foundation

Suggested Use

Top Pick Hair Salon Auto Parts Store Restaurant Auto Repair Shop HVAC Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,413
Businesses Nearby

Demographics for 08540, NJ

48,216
Population
19,255
Households
2.5
Avg Household Size
41
Median Age
82%
College-Educated
98%
High-School Grad
51.7 sq mi
ZIP Area
933
Density / Sq Mi
$169,898
Median Household Income
$80,357
Median Earnings
$2,083
Median Rent
$723,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Princeton, NJ

$25.58 /SF/Yr
Avg Asking Price
$24.5–$27 /SF/Yr
Price Range
50,362 SF
Avg Space Size

This space is priced 6% below the average of $25.58 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office space with separate HVAC systems, heavy electrical service, and walkable access to Princeton Junction commuter rail.
Where is this office building located?
The property is located at 707 Alexander Rd Princeton, NJ.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Heavy electrical service: 1,200 Amps; Separate HVAC systems for the office space; Parking allowance of 4 cars per 1,000 SF
(609) 306-3158 Call to check price and availability
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