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    101 College Rd Princeton, NJ 08540

    For Lease
    $24 SF/Yr

    Class A Office, 18,284 SF Available

    Lot size:
    54,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building, situated on a 6-acre lot in Middlesex County, offers 18,284 square feet of immediately available space, divisible to 1,000 square feet. The 54,000 square foot building, constructed in 1976 and extensively renovated in 2017, features a striking three-story design with a 12-foot unfinished ceiling height. The building boasts a modern, elegant marble foyer, installed during the 2017 renovation. Its robust construction includes precast concrete panels with a structural steel frame and solar gray insulated glass windows. Two Dover hydraulic elevators (2,500 lb. capacity) efficiently serve all three floors. The building's mechanical systems are state-of-the-art, featuring three DX unit chillers providing chilled water and electric resistance heating. The poured-in-place concrete floors (50 psf) are durable and reliable. A recently renovated built-up tar roof ensures long-term protection. The building provides ample parking with a ratio of 4 spaces per 1,000 square feet. A card access system enhances security. Its convenient location across from a Marriott Hotel and near an Amtrak/NJ Transit station (with a free shuttle) provides unparalleled accessibility. The area also offers several smaller airports catering to corporate jet travel. The 480-volt electrical service ensures power reliability. Zoned X, this property presents a unique opportunity for businesses seeking a prestigious and functional office space. Each floor offers approximately 18,000 square feet of space.

    Property Features for 101 College Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,000 SF
    Class
    A
    Total Rate
    108000

    Building Details

    Year Built/Renovated
    1976/2017
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    3rd Floor
    Size
    1,985 SF
    Rate per SF
    $24
    Space
    2nd Floor
    Size
    1,504 SF
    Rate per SF
    $24
    Space
    Space 1, 1st floor
    Size
    10,000 SF
    Rate per SF
    $24
    Space
    Space 2, 2nd floor
    Size
    1,100 SF
    Rate per SF
    $24
    Space
    Space 3, 3rd Floor
    Size
    1,195 SF
    Rate per SF
    $24
    Space
    2nd Floor
    Size
    2,500 SF
    Rate per SF
    $24

    HighLights

    • 18,284 SF of Class A office space available in a three‑story building, divisible to 1,000 SF.
    • 54,000 total square feet in a single building on a 6‑acre lot in Middlesex County.
    • Building features a 12' ceiling height, two Dover hydraulic elevators (2,500 lb. capacity), and 4 parking spaces per 1,000 SF.
    • Recent renovations (2017) include an elegant marble foyer and a built‑up tar roof. The building also features precast concrete panels with a structural steel frame and solar gray insulated glass windows.
    • The property is conveniently located across from a Marriott Hotel, near an Amtrak/NJ Transit station (with free shuttle service), and close to several smaller airports. The building has a card access system and 480‑volt power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rondon Law Group ... Immigration Attorney Certified Wealth Management ... Financial Consultant Dr. Olga M. ... Psychiatrist Biogensys Employment Agency Isochem North America ... Exporter

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6020189
    Latitude
    40.3586574

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    FAQs

    What type of property is this?
    Office space - Class A Office, 18,284 SF Available
    Where is this office space located?
    The property is located at 101 College 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: 18,284 SF of Class A office space available in a three-story building, divisible to 1,000 SF.; 54,000 total square feet in a single building on a 6-acre lot in Middlesex County.; Building features a 12' ceiling height, two Dover hydraulic elevators (2,500 lb. capacity), and 4 parking spaces per 1,000 SF.
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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
    101 College Rd Princeton, NJ 08540
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