3 Liberty St Plainsboro Township, NJ 08536
- Office Properties & Spaces
- 1,156 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 3 Liberty St
- Year built
- 2006
- Property size
- 1,156 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plainsboro Township
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.5916
- Latitude
- 40.3356
