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Office Suite with 17-Foot Ceilings

707 Alexander Rd Princeton, NJ 08540

707 Alexander Rd, Princeton, NJ, 08540
Contact for pricing
For Sale
Contact for pricing

Office suite features 17-foot clear ceilings, two bathrooms, two exits, and separate HVAC systems.

Property Size3,080 SF
Price / SF$250
Days on Market344

Property Features for 707 Alexander Rd

General Information

Standard status
Active
Size
3,080 SF
Property subtype
OFFICE

Properties For Sale

at 707 Alexander Rd Contact us
Listing agency Fennelly Associates
Listed by Gerard J. Fennelly
Source Moodyscre
Added: Aug 12, 2025 Updated: Jul 20 at 8:16PM Checked: Jul 21 at 8:50AM

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


Investment Insights

Based on property information with market context.

This office suite offers 17-foot clear ceiling height, two bathrooms, and two exits. The space is serviced by separate HVAC systems, supporting independent temperature control within the unit.

Located across the street from the Princeton Hyatt, the property is walkable to the Princeton Junction Train Station commuter rail on the NE Corridor line. It also provides easy access to the NJ Turnpike, I-95, and Route 1, with Princeton University about one mile away.

The configuration is well-suited for professional office use, with practical restroom accommodations and clearly defined egress.

Key Highlights

  • Office suite with 17’ clear ceiling heights
  • Includes two bathrooms and two exits
  • Separate HVAC systems

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.4k $13.44
− Vacancy −$4.6k −$1.48
EGI $36.8k $11.96
− OpEx −$9.2k −$2.99
NOI $27.6k $8.97
3,080 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$394.7K
$345.4K – $460.5K (±1% cap)
NOI $27,631 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$991.0K
$867.1K – $1.16M (±1% cap)
NOI $69,367 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

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

Hair Salon Auto Parts Store Restaurant Auto Repair Shop HVAC Service Nail Salon Electrical Service Spa & Massage Center Garden Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Office suite features 17-foot clear ceilings, two bathrooms, two exits, and separate HVAC systems.
Where is this office units located?
The property is located at 707 Alexander Rd Princeton, NJ.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Office suite with 17’ clear ceiling heights; Includes two bathrooms and two exits; Separate HVAC systems
Contact an agent
(609) 306-3158 Call to check price and availability
More about this property
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