29 Thanet Cir Princeton, NJ 08540
This exceptional Class A office building, located at 29 Thanet Circle in Princeton, New Jersey, offers 48,167 square feet of versatile space ideal for executive or medical office uses. The two-story building sits on a generous 9.26 acres of land and boasts 175 surface parking spaces, ensuring ample convenience for tenants and visitors. Originally constructed in 1974, the property underwent a significant renovation in 2006, maintaining its high-quality standards. The building is zoned OR2 Office Research, providing flexibility for a range of professional businesses. Utilities are serviced by PSE&G, with a substantial 1,600 AMP electrical service. The property's location in Mercer County, New Jersey, offers easy access to major transportation routes and a thriving business community. The building is currently fully vacant, presenting a unique opportunity for a single tenant or multiple tenants to occupy the entire space. Annual property taxes are $111,584.25. This is a prime opportunity to acquire a well-maintained, spacious, and strategically located office building in a highly desirable area. The property's size and amenities make it suitable for a variety of uses, from large corporate headquarters to medical practices requiring substantial space. The ample parking and convenient location add to its overall appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.