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    731 Alexander Rd Princeton, NJ 08540

    Sponsored
    For Lease
    $28 SF/Yr

    8 Suites, 45,265 SF Available

    Lot size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Princeton, NJ medical office complex at 731 Alexander Rd, 08540 offers a unique investment opportunity. The property comprises two buildings totaling 100,000 square feet, providing a range of suite sizes to accommodate various medical practices. Currently, there are 45,265 square feet of vacant space available for lease, divisible into units as small as 1,446 square feet and up to a contiguous 20,000 square feet. The complex features a total of eight individual suites, offering flexibility for both large and small medical businesses. Ample parking is provided, with a ratio of 4.2 cars per 1,000 square feet of building space. The property's prime location in Princeton, New Jersey ensures high visibility and easy access for patients and staff. This is an ideal opportunity for medical professionals seeking modern, well-maintained office space in a thriving community. The property is classified as a multi-tenant office building, specifically designed for medical use. The available space presents a chance to establish or expand a medical practice in a desirable location with convenient amenities. Contact us today to learn more about this exceptional opportunity.

    Property Features for 731 Alexander Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF
    Total Rate
    237500

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Building 2, 2nd floor
    Size
    2,760 SF
    Rate per SF
    $28
    Space
    Building 2, 2nd floor
    Size
    1,446 SF
    Rate per SF
    $28
    Space
    Building 2, 2nd floor
    Size
    3,188 SF
    Rate per SF
    $28
    Space
    Building 1, 2nd floor
    Size
    2,246 SF
    Rate per SF
    $28
    Space
    Building 2: 2nd Floor
    Size
    3,831 SF
    Rate per SF
    $28
    Space
    Building 2, 1st floor
    Size
    15,000 SF
    Rate per SF
    $28
    Space
    Building 1: 3rd Floor
    Size
    15,754 SF
    Rate per SF
    $28
    Space
    Building 1: 3rd Floor
    Size
    1,075 SF
    Rate per SF
    $28

    HighLights

    • Distinctive brick and glass exterior.
    • Abundant floor‑to‑ceiling bay windows on each corner.
    • 24‑hour on‑site maintenance.
    • High‑speed fiber optics and state‑of‑the‑art technology infrastructure.
    • 5:1,000 parking ratio.
    • Excellent location near the Princeton Hyatt.
    Property Profile Location Intelligence

    Current Use by Public Records

    Princeton Brain, Spine ... Neurosurgeon RMA New Jersey ... Fertility Clinic Seth S. Joseffer, ... Neurosurgeon Meirowitz Robert F ... Gastroenterologist Princeton Gastroenterology Associates, ... Gastroenterologist

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6372069
    Latitude
    40.322318

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    FAQs

    What type of property is this?
    Medical office - 8 Suites, 45,265 SF Available
    Where is this medical office located?
    The property is located at 731 Alexander Rd Princeton, NJ.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Distinctive brick and glass exterior.; Abundant floor-to-ceiling bay windows on each corner.; 24-hour on-site maintenance.
    Request Owner's contact information
    731 Alexander Rd Princeton, NJ 08540
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    Princeton, NJ 08540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    731 Alexander Rd Princeton, NJ 08540
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