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    116 Village Blvd Princeton, NJ 08540

    For Lease
    $10 SF/Yr

    Modern Princeton office suites, coworking, & virtual offices.

    Lot size:
    23,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A office building, located in the prestigious Princeton Forrestal Village at 116 Village Blvd Suite 200, Princeton, NJ 08540, offers a diverse range of workspace solutions. The 23,254 square foot building, renovated in 2019, features 350 suites and provides flexible options for businesses of all sizes. Currently, 5,970 square feet of space is available, with minimum divisible units starting at 10 square feet and maximum contiguous space reaching 1,300 square feet. The building boasts convenient amenities including elevators. Tenancy is multiple, catering to a variety of needs. Options include private, fully furnished executive offices, customizable to suit individual requirements, ranging from single-person setups to large corporate spaces. Coworking spaces offer a collaborative environment, with both dedicated desks and hot-desking options. Meeting rooms are available for short-term or long-term bookings, equipped for presentations, training sessions, or informal gatherings. Virtual office packages provide prestigious business addresses, mail handling, and virtual assistant services, with varying levels of office access included. This Mercer County property provides a prime location and a variety of flexible working plans, allowing businesses to tailor their workspace to their specific needs and budget. The building's modern design and convenient location make it an ideal choice for businesses seeking a productive and inspiring work environment.

    Property Features for 116 Village Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,254 SF
    Class
    A
    Total Rate
    20463.52

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Flexible coworking membership
    Size
    108 SF
    Rate per SF
    $13
    Space
    Private office for 3 people
    Size
    646 SF
    Rate per SF
    $17
    Space
    Private office for 5 people
    Size
    807 SF
    Rate per SF
    $23
    Space
    Coworking space
    Size
    328 SF
    Rate per SF
    $10
    Space
    Virtual office
    Size
    54 SF
    Rate per SF
    $36
    Space
    Private office for 2 people
    Size
    538 SF
    Rate per SF
    $17
    Space
    Open plan office space for + 15 people
    Size
    1,292 SF
    Rate per SF
    $53
    Space
    Private office for 1 person
    Size
    538 SF
    Space
    Flexible office membership
    Size
    108 SF
    Rate per SF
    $24
    Space
    Private office for 4 people
    Size
    646 SF
    Rate per SF
    $21
    Space
    Open plan office space for + 10 people
    Size
    1,184 SF
    Rate per SF
    $41
    Property Profile Location Intelligence

    Current Use by Public Records

    U.S. Bank-Nancy Wang-Mortgage ... Mortgage Lender Akira Investments LLC Real Estate Agency Traub Law Attorney Bayne Law Group Attorney Risa A Kleiner Esq Attorney

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Clothing Store Pharmacy 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
    -74.6124
    Latitude
    40.3559

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    FAQs

    What type of property is this?
    Office space - Modern Princeton office suites, coworking, & virtual offices.
    Where is this office space located?
    The property is located at 116 Village Blvd Princeton, NJ.
    What is the lease rate?
    The lease rate is $0.00-$53 SF/Yr.
    Request Owner's contact information
    116 Village Blvd 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
    116 Village Blvd Princeton, NJ 08540
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