1249 S River Rd - Office FOR SALE
Cranbury, NJ 08512 |
1249 S River Rd
Cranbury, NJ 08512
HIGHLIGHTS
- High-occupancy office with a variety of professional tenants and staggered lease terms, allowing new ownership future avenues for higher NOIs.
- Positioned with tenants and businesses in mind, northeast of Princeton off Interstate 95 with access to Route 130.
- Close to the New Jersey and Pennsylvania border casting a broad net for employees and tenants from Philadelphia, New York, and beyond.
- New solar panels were installed in the parking lot in 2022 with a 25-year lease agreement adding significant value to the office.
- Area demographics are noteworthy with a population in a 10-mile radius making average household incomes of over $148,000 yearly.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Cranbury Executive Center | High Occupancy
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
100056
STORIES
3
BUILDING CLASS
A
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
438
LAND DETAILS
LAND ACRES
10 AC AC
LAND SF
435,600 SF
ZONING
-
APN/PARCEL ID
02-00001-0000-00004
