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231 Clarksville Rd
West Windsor, NJ 08550 Princeton/Lawrenceville

$4,350,000 USD

Medical For Sale  •  27,773 SF

Property Details

  • Property Type Medical
  • Total Building Size 27,773 SF
  • Lot Size 5.88 AC
  • Building Class B
  • Year Built 1986
  • Cap Rate 8.08 %
  • Tenancy Multiple
  • Zoning ROM4
0 Transit Score
38 Walk Score

Description

231 Clarksville Road Princeton Junction, NJ is a 95% leased Office Building consisting of 27,773 SF with 12 Separate Tenants 
The building is situated on 5.877 Acres of Land and was constructed in 1986; the ROM4 zoning allows for a multitude of uses 
The property is Located in Mercer County, less than 15 Minutes from Downtown Princeton which is the largest bio pharma research market in the United States
Nearby Amenities Include a Shopping Center adjacent to the building (which has food, entertainment and daycare); as well as 5 Minutes from two major shopping malls; Quakerbridge Mall, Market Fair Mall, and Mercer Mall 
The building is a four minute drive from US Route 1; as well as the Princeton Junction Train Station on the NE Corridor Line (NJ Transit and Amtrak) which allows for nimble access to New York City and Philadelphia

Highlights

Fully Leased
Walking Distance to Ameneties
Diverse Mix of Tenants (low risk investment)
Ample Land and Parking

Property Flyers

Cap Rate: 8.08 %

Major Tenants

Tenant SF Occupied Lease End Date
Edward Jones Financial Advisor 1,222 SF 11/30/2022
Joanne Reiffe Fishbane, DMD 1,401 SF 12/31/2021
Princeton GirlChoir 7,042 SF 2/29/2024

Amenities

  • 24 Hour Access
  • Bus Line
  • Courtyard
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Princeton Junction (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Princeton Branch - NJ Transit Commuter Rail (NJ Transit)) 8 min - 2.8 mi
Princeton (Princeton Branch - NJ Transit Commuter Rail (NJ Transit)) 11 min - 4.2 mi
AirportDriveWalkDistance
Trenton Mercer 23 min - 12.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 110
Type: Surface
Included in Rent: Yes
Gerard 'Jerry' Fennelly 609-306-3158 Fennelly Associates, Inc.
Gerard 'Jerry' Fennelly 609-306-3158 Fennelly Associates, Inc.