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Office/Medical Space Near Princeton
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707 Alexander Road, Princeton, NJ 08540

24,168 SF office/medical space for lease or sale.

Space Size3,169 SF - 15,955 SF
Days on Market2218

Property Features for 707 Alexander Road

General Information

Standard status Active
Size 3,169 SF - 15,955 SF
Class A
Property subtype Office
Lease Type Modified Gross

Building Details

Year Built 1970
Tenancy Multiple

Spaces For Lease

at 707 Alexander Road Contact us

Bldg 3, Unit 1

Size
15,955 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Bldg 2

Size
3,169 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Bldg 3, Unit 2

Size
3,270 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Fennelly Associates, Inc
Listed By: Harrison Westfall · License #2585414
Source: Crexi
Added: Aug 7, 2020 Changed: Aug 20 Last Checked: Aug 31 at 5:53AM

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, Inc

Investment Insights

Based on property information with market context.

This 24,168 square foot office/medical space is available for lease or sale. It is located across the street from the Princeton Hyatt and is walkable to the Princeton Junction Train Station on the Northeast Corridor rail line. The property is one mile from Princeton University and offers convenient access to the New Jersey Turnpike, Interstate 95, and Route 1.

Key Highlights

  • Walkable to Princeton Junction Train Station Commuter Rail (NEC Corridor)
  • 24,168 SF Office/Medical Space
  • Across the Street from Princeton Hyatt

Property 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

NNN (Triple Net)
Lease Type
$3.68 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,413
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Princeton, NJ

$22 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
25,119 SF
Avg Space Size

This space is priced 11% above the average of $22 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Forte Consulting 2107 Goldfinch Blvd, Princeton, NJ 08540
  • Consulting Solutions 30 halstead pl, princeton, nj 08540
  • Meridian Technology Partners 826 Alexander Rd Suite 101, Princeton, NJ 08540
  • Cloud Securance 300 Carnegie Center Dr #150, Princeton, NJ 08540
  • Palindrome Technologies 21 Roszel Rd, Princeton, NJ 08540

Frequently Asked Questions

What type of property is this?
Office space - 24,168 SF office/medical space for lease or sale.
Where is this office space located?
The property is located at 707 Alexander Road Princeton, NJ.
What is the lease rate?
The lease rate is $24.50 SF/Yr.
What are key features of this property?
This property features: Walkable to Princeton Junction Train Station Commuter Rail (NEC Corridor); 24,168 SF Office/Medical Space; Across the Street from Princeton Hyatt
(609) 520-0061 Call to check price and availability
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