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Property profile & analytics
FOR LEASE
Industrial properties

2 Commerce Dr Cranbury, NJ 08512

54,445 SF 6.02 ac lot Built 1988
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US59-3151850
2 Commerce Dr, Cranbury, NJ 08512 For Lease
$23 SF/Yr 73,801 SF available
2 Commerce Dr, Cranbury, NJ 08512
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Property summary
AI-generated overview

This exceptional two-story creative office building, located at 2 Commerce Drive in South Brunswick Township, New Jersey, offers a unique opportunity for businesses seeking flexible and inspiring workspace. Built in 1988 and extensively renovated in 2010, the property boasts a total of 69,000 square feet, spread across four suites. Currently, there are 56,676 square feet of vacant space available, divisible into units ranging from a minimum of 3,063 square feet to a maximum contiguous space of 23,850 square feet. The building features high 14-foot ceilings, creating an open and airy atmosphere ideal for creative professionals. Ample parking is provided with 272 spaces. The property sits on 6 acres of land and benefits from its location in the Brunswicks submarket, specifically Exit 8A, offering convenient access to major transportation routes. The building includes elevators for easy access to both floors. Property taxes are $2.50 per square foot. This property presents a rare opportunity to secure prime office space in a highly desirable location. The building's modern design and convenient amenities make it an ideal choice for a variety of businesses. The address is 2 Commerce Drive, South Brunswick Township, NJ 08512, with a cross street of Forsagte Drive. Middlesex County is the location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1988
Total area 54,445 SF
Lot 6.02 ac (262,231 SF)
Zoning code I-3
APN 21 00007- 01-00013- 14
UPID US59-3151850
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
Current use
Occupant on record · Public records
  • Managed Healthcare Executive Publishing House
  • South Labs (Bike/Boat/Book/etc) Store Corporate Office
  • Intellisphere LLC Publishing House
  • Truth Serum Network (MJH) Corporate Office
  • The Agency Network at MJH Life Sciences ™️ Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.70M
Owner & transaction history
Infragistics R & E Holdings LLC · 17 yrs held
Infragistics R & E Holdings LLC
since 2009
7 recorded transactions
2022
Price N/A
2019
Price N/A
2017
Price N/A
2009
Price N/A
2009
$3.9M
2007
Price N/A
2005
$4.0M
Zoning & alternative use
I-3 · Cranbury, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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