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Class A Medical Office Building
For Sale
Contact for pricing
Pending

8 Forrestal Rd S, Princeton, NJ 08540

New-construction medical facility within Princeton Forrestal Center Campus, positioned across from Penn Medicine Princeton Medical Center.

Property Size39,904 SF
Days on Market141

Property Features for 8 Forrestal Rd S

General Information

Standard status Pending
Size 39,904 SF
Class Class A
Property subtype Office
Occupancy 100%

Building Details

Buildings 1
Building Size 39,904 SF
Tenancy Multi
Listing Agency: Wolf Commercial Real Estate New Jersey
Listed By: Kim Kretowicz · License #FL 3556276
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:06AM

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 Wolf Commercial Real Estate New Jersey

Investment Insights

Based on property information with market context.

Located at 8 Forrestal Rd S in Princeton, this 39,904-square-foot Class A medical office building is identified as new construction and is designed for specialty medical use. The property is structured as a fee-simple asset with an NNN lease profile.

The building is situated within Princeton Forrestal Center Campus, across from Penn Medicine Princeton Medical Center Campus. Occupancy is reported at 100% leased across thirteen specialty practices, with a weighted average lease term of eight years. The combination of medical-office construction, established occupancy, and long-term lease duration defines the asset’s current operating profile.

Key Highlights

  • 39,904‑square‑foot new‑construction Class A medical office building
  • 100% leased to thirteen specialty practices
  • Weighted average lease term of 8 years

Property Analytics

Current Use

Lawrenceville Neurology Center ... Physician Medical Essential Diagnostics Occupational Health Service Vein Treatment Clinic ... Medical Clinic LabCorp Medical Laboratory Dermatology & Skin Surgery ... Medical Clinic

Suggested Use

Top Pick Dental Office HVAC Service Building Supply (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby
Under-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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - New-construction medical facility within Princeton Forrestal Center Campus, positioned across from Penn Medicine Princeton Medical Center.
Where is this medical office space located?
The property is located at 8 Forrestal Rd S Princeton, NJ.
What are key features of this property?
This property features: 39,904‑square‑foot new‑construction Class A medical office building; 100% leased to thirteen specialty practices; Weighted average lease term of 8 years
More about this property
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