2 Rte 31st N Pennington, NJ 08534-1624
This exceptional 10,711 square foot freestanding commercial property, located at 2 Route 31 in Pennington, New Jersey, presents a unique leasing opportunity. The building, situated on a generous 2.5-acre lot, offers multiple suites ideal for executive office use. Currently, the entire 10,711 square feet is available for lease, divisible into spaces ranging from a minimum of 4,911 square feet to a maximum contiguous space of 5,800 square feet. The property boasts a convenient drive-thru feature and ample parking with 40 spaces available for tenants and their clients. The building's classification includes retail and office space, making it suitable for a variety of businesses. Its location in Mercer County, New Jersey, offers easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The zip code is 08534. This property is perfect for businesses seeking a high-visibility location with substantial space and convenient amenities. The building consists of two total suites. This is a rare opportunity to secure a prominent location in a thriving area. Inquire today to learn more about this exceptional leasing opportunity.
100 Residence Zone. § 215-69 R-A Apartment-Townhouse Residence Zone. § 215-70 O-R Office-Residence Zone. § 215-71 TC Town Center Zone. § 215-71.1 TCB Town Center Buffer Zone. § 215-72 B-H Highway Business Zone. § 215-73 O-B Office (Building) Business Zone. § 215-74 P-O Professional Office Zone. § 215-75 E-1 Education Zone. § 215-76 E-2 Education zone. § 215-…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
O-B · Pennington, NJ100 Residence Zone. § 215-69 R-A Apartment-Townhouse Residence Zone. § 215-70 O-R Office-Residence Zone. § 215-71 TC Town Center Zone. § 215-71.1 TCB Town Center Buffer Zone. § 215-72 B-H Highway Business Zone. § 215-73 O-B Office (Building) Business Zone. § 215-74 P-O Professional Office Zone. § 215-75 E-1 Education Zone. § 215-76 E-2 Education zone. § 215-77 MU-1 Mixed Use Zone. § 215-78 MU-2 Mixed Use Zone. § 215-78.1 MR Mixed Residence
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.