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1 Tree Farm Rd
Pennington, NJ 08534
 Cornerstone Court · Retail Property For Sale

Mixed Use Properties New Jersey Pennington 1 Tree Farm Rd, Pennington, NJ 08534

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Investment Highlights

  • No Single Tenant Occupies More Than 12% of the Gross Leasable Area
  • Property is Uniquely Situated Right Off of Route 31 Seeing Over 26K Vehicles Per Day
  • Property Has Been Meticulously Maintained By Ownership

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,284 SF
Building Class
B
Year Built
2006
Price
$5,729,304 CAD
Price Per SF
$313.35 CAD
Cap Rate
7.06%
NOI
$404,617 CAD
Percent Leased
77%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
1.83 AC
Zoning
C - Commercial
Parking
70 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
164’ on Tree Farm Rd

Amenities

  • 24 Hour Access
  • Pylon Sign

Property Taxes

Parcel Number 06-00048-02-00003 Improvements Assessment $1,386,447 CAD
Land Assessment $1,682,726 CAD Total Assessment $3,069,173 CAD

Property Taxes

Parcel Number
06-00048-02-00003
Land Assessment
$1,682,726 CAD
Improvements Assessment
$1,386,447 CAD
Total Assessment
$3,069,173 CAD
 

  • Listing ID: 35954933

  • Date on Market: 2025-05-22

  • Last Updated:

  • Address: 1 Tree Farm Rd, Pennington, NJ 08534

The Pennington/Hopewell Retail Property at 1 Tree Farm Rd, Pennington, NJ 08534 is currently available. Contact Marcus & Millichap for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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