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23 Orchard Rd

Skillman, NJ 08558

$12,000,000

Office For Sale  •  234,351 Sq Ft

Property Details

  • Property Type Office
  • Total Building Size 234,351 Sq Ft
  • Lot Size 40 ac
  • Building Class B
  • Year Built 1983
  • Tenancy Multiple
  • Zoning REO, Montgomery
20 Transit Score
12 Walk Score

Description

Great Value Add Opportunity:  As exclusive Agent, Cushman & Wakefield is pleased to offer a 100% fee interest in 23 Orchard Road for sale. This 234,351 square foot, three-story, former corporate facility is situated on 44 acres along Rt. 206, just minutes from desirable Princeton, New Jersey.  The Property, which most recently served as home to Johnson & Johnson (Consumer Product and Services Division), as well as several other tenants, represents an ideal office repositioning opportunity given it’s superior infrastructure, onsite amenity package and flexibility that allows the building to serve both small and large tenants. One of the Building’s most distinguished features is its full-height atrium lobby and impressive over-sized skylight ceiling allowing an abundance of natural light to enter the building. Onsite amenities include a full-service cafeteria, fitness center, yoga room and several collaborative spaces. The Property also benefits from a 6-acre solar array providing significant energy savings and efficiency, as well as an emergency backup generator.

Highlights

ATTRACTIVE BASIS - IDEAL REPOSITIONING OPPORTUNITY
FLAGSHIP POTENTIAL - FORMER CORPORATE FACILITY - the Property features quality attributes including on-site amenity package includes a fitness center
Located just 2 minutes from one of the area’s exiting new development project, the Montgomery Promenade, which will feature 300,000 sf of mixed-use
Princeton Cache - Downtown Princeton is just minutes away

Major Tenants

Tenant SF Occupied Lease End Date
BlessingWhite 10,000 SF
Pentir Management Co 3,357 SF 10/31/2018
PrincetonOne 3,000 SF
SS&C Technologies, Inc. 10,460 SF 4/30/2025
Twin Hens Inc 23,436 SF

Amenities

  • Atrium
  • Balcony
  • Conferencing Facility
  • Fitness Center
  • Food Service

Public Transportation

Commuter RailDriveWalkDistance
Princeton Commuter Rail (Princeton Branch) 13 min - 5.9 mi
Princeton Junction Commuter Rail (Northeast Corridor Line, Princeton Branch) 21 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 678
Type: Surface
Included in Rent: Yes
Andrew Schwartz 973-245-9351 Cushman & Wakefield of New Jersey, Inc.
Andrew Schwartz 973-245-9351 Cushman & Wakefield of New Jersey, Inc.