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Princeton Office with Value-Add Potential 3 Independence Way 125,700 SF 47% Leased Office Building Princeton, NJ 08540 For Sale
Investment Highlights
- Exceptional value-add office opportunity in Princeton with high lease-up potential and strong upside for investors.
- Property tours are available on Friday, May 30th from 11:00AM to 2:00PM, please contact the broker to schedule.
- Boasting strong demographics, the area features a growing population and average household incomes exceeding $179,000 within 2 miles.
- Strategically located in a premier business park off Route 1, offering seamless access to Trenton, Philadelphia, Newark, and Manhattan.
- Princeton offers investors a prestigious location anchored by an Ivy League institution and a thriving business ecosystem.
- Quick drive to restaurants, retailers and amenities including Target, ShopRite, The UPS Store, Starbucks, Trader Joe’s, and PF Chang’s.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office
Building Size
125,700 SF
Building Class
B
Year Built
1983
Percent Leased
47%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
28,501 SF
Slab To Slab
14’
Building FAR
0.34
Lot Size
8.44 AC
Zoning
OR - commercial
Parking
500 Spaces (3.7 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Fitness Center
- Food Service
- Property Manager on Site
- Skylights
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Space is built out as a standard office space
Space is built out as a standard office space
Space is built out as a standard office space
Space is built out as a standard office space
Space is built out as a standard office space
Space is built out as a standard office space
Space is built out as a standard office space
Space is built out as a standard office space
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 906 SF | Office | Full Build-Out | Now |
| 1st Floor | 1,478 SF | Office | Full Build-Out | Now |
| 1st Floor | 2,849 SF | Office | Full Build-Out | Now |
| 2nd Floor | 3,651-12,019 SF | Office | Full Build-Out | Now |
| 2nd Floor | 500-1,200 SF | Office | Full Build-Out | Now |
| 2nd Floor | 5,066 SF | Office | Full Build-Out | Now |
| 3rd Floor | 6,084-19,244 SF | Office | Full Build-Out | Now |
| 4th Floor | 5,647-23,944 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 906 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 1,478 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 2,849 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 3,651-12,019 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 500-1,200 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 5,066 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 6,084-19,244 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 5,647-23,944 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 906 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
1st Floor
| Size | 1,478 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
1st Floor
| Size | 2,849 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
2nd Floor
| Size | 3,651-12,019 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
2nd Floor
| Size | 500-1,200 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
2nd Floor
| Size | 5,066 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
3rd Floor
| Size | 6,084-19,244 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
4th Floor
| Size | 5,647-23,944 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Space is built out as a standard office space
Somewhat walkable
20/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 21-00080-01-00003-03 | Improvements Assessment | $4,919,807 CAD |
| Land Assessment | $2,889,330 CAD | Total Assessment | $7,809,137 CAD |
Property Taxes
Parcel Number
21-00080-01-00003-03
Land Assessment
$2,889,330 CAD
Improvements Assessment
$4,919,807 CAD
Total Assessment
$7,809,137 CAD
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Princeton Office with Value-Add Potential | 3 Independence Way
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