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    OFF-MARKET
    Office Spaces

    3 Liberty St, Plainsboro Township, NJ 08536

    1,156 SF Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents six office condos in a thriving Plainsboro Township, NJ, town center development. The three-story, 30,000 square foot building, constructed in 2006, offers units ranging from 1,156 to 2,147 square feet of net rentable space. Units are available as shell space or built-out medical suites, with prices ranging from $195 to $255 per square foot. The building boasts two elevators, a full wet sprinkler system, and convenient access to major roadways including Route 1, Route 130, and NJ Turnpike Exit 8A. Its prime location near University Medical Center's new hospital makes it highly attractive to medical professionals. The property features a 6.07% cap rate and an occupancy date of January 9, 2024. Operating expenses are $10.02 per square foot, annual taxes are $4.04 per square foot, and annual condo fees are $5.98 per square foot. A landlord work letter is negotiable. This is an ideal opportunity for investors seeking a strong return in a desirable location. The building is a mixed-use development, and current tenants include Princeton Medical Group, MD4Kids, and Jersey Physical Therapy. The property is located at 3 Liberty St, Plainsboro Township, NJ 08536.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2006
    Total area 1,156 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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