Property profile

660 Plainsboro Rd Plainsboro, NJ 08536

FOR LEASE
Commercial real estate
Property ID
US59-3045148
9.42 ac lot
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Princeton Meadows, a single-story, Class B retail strip center in Plainsboro Township, NJ, offers 66,072 square feet of space across 18 suites. Built in 1984 and renovated in 2006, this 10-acre property boasts 23,499 square feet of vacant space available for lease, ranging from 1,075 to 15,694 square feet. The center features ample parking with 342 spaces and benefits from high visibility on Plainsboro Road, offering convenient access to I-95. Current tenants include a diverse mix of businesses such as Big Bazaar, Crown of India, Kumon Learning Center, and Aljon's Pizza. The property is zoned PCD and has a Middlesex County APN of 18-03301-0000-00010. This well-maintained center attracts a consistent flow of shoppers from the surrounding neighborhood. The property's single building design and convenient parking make it an attractive option for a variety of retail businesses. The available spaces present a unique opportunity for expansion or new business ventures in a thriving community. The property's location and existing tenant mix provide a strong foundation for future success. This is a prime opportunity to establish or expand your business in a high-traffic area with excellent visibility. The property's size and layout offer flexibility for various retail concepts.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 9.42 ac (410,422 SF)
Zoning code PCD
APN 18 03301-0000-00010
UPID US59-3045148

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

660 Plainsboro Rd Plainsboro, NJ 08536
Plainsboro metro Census 8604 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2006
4 recorded transactions
2024
Price N/A
2006
$12.6M
2004
$10.1M
1969
Price N/A

Zoning & alternative use

PCD · Plainsboro, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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