Corrections or additions?
These listings were prepared for the October 17, 2001 edition of
U.S. 1 Newspaper. All rights
reserved.
Commercial Space for Sale
Brokers were faxed an opportunity to submit these listings of
commerical space available for sale. Some are also available for rent.
West Windsor
Alexander Tech Center, 861 Alexander Road. Size
of building: 22,700. Good exposure, walk to trains. Princeton address.
Sale or lease. Previous tenant, Polychrome. Asking price:
$1,650,000.
Vacant rental space: 22,700, divisible to 5,000. Net rent,
$27.50. Approximate per-month rent: $11,458, net.
Commercial Property Network, William Barish,
609-921-8844.
East Windsor
10 Richardson Lane. Size of building: 5,200. A user
building with four units, two floors, on .7 acres. Asking price:
$535,000.
Vacant rental space: 2,600, divisible to 1,250. Gross
rent, $18. Conditions: Plus utilities and janitorial. Approximate
per-month rent: Gross monthly, $1,875.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
1440 Pennington Road. Size of building: 12,629.
Two-story
masonry & brick office building with basement, elevator, and 50-car
parking, fully tenanted, showing good return. Asking price:
$995,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
1457 Lower Ferry Road. Size of building: 15,000. Half
warehouse, half office space with 7 offices, some office space
available
now, windows on three sides, Asking price: $1,800,000.
Vacant rental space: 3,700, divisible to 1,150. Gross
rent, $12. Conditions: Plus operating expenses. Approximate per-month
rent: Gross monthly, $1,150.
NAI Fennelly Associates, Gerard Fennelly,
609-520-0061.
Crossroads Corporate Park at Ewing, 375 Phillips
Boulevard. Size of building: 40,088. High-end single story building
with CAT 5 wiring and existing wet laboratory installation, loading
dock, 14′ clear ceiling height, on I-95/295 corridor, 165 parking
spaces. Asking price: $5,612,320.
Vacant rental space: 7,880, divisible to 7,880. Gross
rent, $13. Conditions: Plus operating expenses. Approximate per-month
rent: Gross monthly, $8,537. Current tenants: Universal Display,
Gesipa.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
Hamilton
1 Electronics Drive. Size of building: 81,000. Good
for call center or technology user, T-1 in building, T-5 in each
office,
fiber in phone room. Separate 1,200 amp service. Asking price:
$5,000,000.
Vacant rental space: 35,000, divisible to 10,000. Gross
rent, $8.50. Approximate per-month rent: Gross monthly, $7,083.
Current
tenants: Princeton Optronics.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
Hamilton Office Campus, 1700 Whitehorse-Hamilton
Square Road. Size of building: 21,300. Across from RWJ Hospital,
ideal for medical or professional use, two entrances. Asking price:
$232,750.
Vacant rental space: 1,862. Gross rent, $14. Conditions:
Plus operating expenses. Approximate per-month rent: Gross monthly,
$2,172.
NAI Fennelly Associates, Gerard Fennelly,
609-520-0061.
Neuman Building, 3575 Quakerbridge Road. Size
of building: 58,000. Class A, newly constructed, “smart
building”
technology, services on site, many windows. About 15,800 feet is
office
telecom sublease. Asking price: $5,800,000.
Vacant rental space: 42,175, divisible to 4,000. Gross
rent, $23.50. Conditions: Plus tenant electric and janitorial, fit-out
allowance of $20 per square foot. Approximate per-month rent: Gross
monthly, $7,833.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
Tower Plaza, 2400 Whitehorse-Mercerville Road.
Size of building: 7,200. Professional office building, good cash flow,
prime location. Asking price: $695,000.
Vacant rental space: 2,550, divisible to 750. Gross rent,
$14.50. Approximate per-month rent: Gross monthly, $14.50. Current
tenants: Princeton Answering Service, Dr. Alexander, Dr. Federico.
Howco Management Company LLC, Howard Cohen,
609-896-0505.
Lawrence
1865/1891 Brunswick Avenue. Size of building: 6,800.
Extensive frontage and visibility along Business Route 1. Asking
price:
$750,000.
Vacant rental space: 6,800, divisible to 1,000. Gross
rent, $14.50. Conditions: plus utilities. Approximate per-month rent:
Gross monthly, $1,208.
Segal Commercial Real Estate, Chuck Segal/Karen
Anderson, 609-896-3399.
4044 Quakerbridge Road. Size of building: 8,700.
Neighborhood
center, signage available, new roof, one drive-in loading dock, one
double door dock. Asking price: $1,300,000.
Vacant rental space: 8,700. Net rent, $14.50. Conditions:
plus all operating expenses. Approximate per-month rent: $10,513,
net.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
2500 Brunswick Pike. Size of building: 15,000. Asking
price: $1,900,000.
Vacant rental space: 1,464, divisible to 1,464. Net rent,
$14. Conditions: Triple net. Approximate per-month rent: $1,708, net.
John Simone Realty, John Simone Jr., 609-882-1105.
Owner: Brunswick Partners LLC.
4056 Quakerbridge Road. Size of building: 20,000. Price
represents $150 per square foot, with $525,000 for the smallest space.
Asking price: $525,000.
Vacant rental space: 20,000, divisible to 3,500.
John Simone Realty, John Simone Jr., 609-882-1105.
Owner: Jerry Clabbers.
Montgomery
Montgomery Knoll, 118 Tamarack Circle. Desirable
office park on Route 206, just north of Princeton. Asking price:
$175,000.
Vacant rental space: 1,500.
Coldwell Banker, Tom Boyer, 609-688-1350.
Pennington
Pennytown, 145 Route 31. Size of building: 50,000.
two restaurants, a motel, a convenience store, and a bank — all
on site. Asking price: $5,000,000.
Vacant rental space: 3,975, divisible to 900. Net rent,
$14.50. Conditions: 3 to 5 year terms. Approximate per-month rent:
$1,088, net.
Commercial Property Network, Al Toto, 609-921-8844.
South Brunswick
Wynwood Office Plaza, 4195 Route 1, Suite 3.
First-floor
office suite with parking at Wynwood Drive & Route 1 Asking price:
$125,000.
Vacant rental space: 980. Gross rent, $14.70. Conditions:
includes taxes and condo fee, tenant pays utilities. Approximate
per-month
rent: Gross monthly, $1,201. Current tenants: medical, professional.
Coldwell Banker, Tom Boyer, 609-688-1350.
Trenton
708 Chambers Street. Size of building: 1,600. Single
story brick building, large reception area, exam rooms, 2 baths,
basement,
4-car parking. Asking price: $249,000.
Vacant rental space: 1,600.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
1418 South Broad Street. Size of building: 2,900.
Medical
office, easy conversion to professional or service business use, on
four-lane highway. Asking price: $164,900.
Vacant rental space: 2,900.
Weidel Commercial, Steve Marusky, 609-737-2077.
522 Perry Street. Size of building: 7,500. Two-story
brick union hall, full basement near U.S. 1 on/off ramp. Asking price:
$85,000.
Vacant rental space: 7,500.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
41 West State Street. Size of building: 8,000. Office
or retail space. Asking price: $250,000.
Vacant rental space: 8,000, divisible to 2,000. Net rent,
$14. Conditions: Triple net. Approximate per-month rent: $2,333, net.
John Simone Realty, John Simone Jr., 609-882-1105.
Owner: Simone Properties.
200 North Broad Street. Size of building: 10,546. Mixed
use property. Asking price: $225,000.
Segal Commercial Real Estate, Anne LaBate,
609-896-3399.
15 West Front Street. Size of building: 17,500.
Four-story
office building with finished basement, one block from statehouse
and new Marriott hotel/conference center. Asking price:
$1,350,000.
Vacant rental space: 17,500, divisible to 4,375. Net rent,
$10. Approximate per-month rent: $3,646, net.
Segal Commercial Real Estate, Anne LaBate,
609-882-3737.
West Trenton
548 Grand Avenue. Size of building: 2,900. Two-story
mixed-use building, previously used as a doctor’s office. Asking
price:
$284,500.
Vacant rental space: 1,300.
Weidel Commercial, Gerard Donnelly, 609-737-2077.
West Windsor
264 Fisher Place. Size of building: 2,300. Route 1
exposure,
great access, good for legal, accounting, consulting. Asking price:
$350,000.
Vacant rental space: 2,300.
Commercial Property Network, William Barish,
609-921-8844.
12 Roszel Park, 12 Roszel Road, Suite C-206. Size
of building: 40,000. Two-story brick building with elevator, Princeton
address, former dental office. Asking price: $135,000.
Vacant rental space: 1,076. Gross rent, $20.10.
Conditions:
Plus utilities. Approximate per-month rent: Gross monthly, $1,802.
Current tenants: U.S. 1 Newspaper, lawyers, doctor, professionals.
Coldwell Banker, Tom Boyer, 609-688-1350.
Alexander Park, 300 Alexander Park. Size of
building:
35,897. Building for sale, office space for lease. Overlooking pond,
private showers on each floor, perimeter offices with open area in
center available, 1/2 mile paved walkway to train station, parking
beneath building. Asking price: $5,800,000.
Vacant rental space: 8,730. Gross rent, $27.50.
Conditions:
Plus utilities and janitorial. Approximate per-month rent: Gross
monthly,
$20,006.
NAI Fennelly Associates, Gerard Fennelly,
609-520-0061.
Ewing
1668 North Olden Avenue. Retail/office building and
Cape Cod house, suitable for jewelry store, beauty shop, childcare
center, or offices. Asking price: $225,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
Princeton
27, 27 Witherspoon Street. Size of building:
8,000.
Asking price: $1,175,000.
Rental space: 4,000, divisible to 4,000. Net rent, $24.
Conditions: central business district, with two apartments above.
Approximate per-month rent: $8,000, net.
Commercial Property Network, Al Toto, 609-921-8844.
Trenton
905-909 Liberty Street. Size of building: 2,000. In
office/retail strip center, 2,000 square foot, 4-unit office,
investment
opportunity. Asking price: $110,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
West Windsor
1300-1303 Windsor Road. Size of building: 20,000. Former
retail building ideal for conversion to professional office space.
Asking price: $1,400,000.
Segal Commercial Real Estate, Stephen Segal/Chuck
Segal, 609-882-3737.
Strip Center, 41 Princeton Hightstown Road. Size
of building: 9,500. Fully leased strip center with four tenants on
1.28 acres. Call for details. Asking price: $1,675,000.
Commercial Property Network, Al Toto, 609-921-8844.
Top Of PageWarehouse/Industrial
Ewing
1440 Lower Ferry Road. Size of building: 120,298. Former
mail-processing center, could be converted to office with 750 parking
spaces, industrial zoned, assembly area, mezzanine, warehouse, and
office, 31-feet and 15-feet clear, 11 loading docks. Price reduced.
Asking price: $5,950,000.
Rental space: 120,298. Net rent, $6.50.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
Hamilton
19 Bowhill Avenue. Size of building: 9,000. Off of Lalor
Street, overhead doors, 16-foot ceilings, plus office area. Asking
price: $179,000.
Rental space: 9,000. Net rent, $4.
Segal Commercial Real Estate, Anne LaBate,
609-882-3737.
Lamberton Road. Size of building: 16,000.
Office/warehouse
building on 7.84 acres of Delaware Riverfront property. Asking price:
$995,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
1980 East State Street. Size of building: 75,000.
Conrail
siding at rear of building with loading doors, former Tops Warehouse.
Reduced price. Asking price: $2,950,000.
Rental space: 75,000, divisible to 25,000. Gross rent,
$4.25.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
Hamilton Crossing Industrial Park, 853 Nottingham
Way. Size of building: 240,000. Crane building, manufacturing zone,
4 drive-in doors, 2 loading docks, 50-foot clear ceilings, 11.12
acres.
Price reduced. Asking price: $2,250,000.
Net rent, $4. Conditions: plus operating expenses.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
Hightstown
118-122 Main Street, Route 33. Size of building: 12,239.
Central commercial district, with $46,000 existing income, on.27 acres
and frontage on Main Street. Asking price: $550,000.
Gross rent, $2.75. Conditions: Plus utilities, $17 per
foot for office.
NAI Fennelly Associates, Gerard Fennelly,
609-520-0061.
Lawrence
645 Whitehead Road. Size of building: 40,783. Brick
& masonry 36,783-foot warehouse, 20-foot to 23-foot ceilings, dock
& drive-in doors, 4,000 square foot office/warehouse building. Asking
price: $2,000,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
Lawrence Technology Center, 2572 Brunswick Pike.
Size of building: 195,720. Highway commercial zoning, frontage on
Express Route 1. Former Heineman site, air-conditioned assembly space.
Asking price: $7,000,000.
Rental space: 91,000, divisible to 25,000. Gross rent,
$5.75. Conditions: Plus operating expenses. Also office, $9.75.
Approximate
per-month rent: Gross monthly, $11,979.
NAI Fennelly, Gerard J. Fennelly, 609-520-0061.
Montgomery
403 Camp Meeting (Skillman Road). Size of building:
7,200. Office/flex space for warehouse or light industrial
manufacturing,
with fiber optics, 2 satellites, A/C, T-1 lines, 2-plus acres, ample
parking. Asking price: $450,000.
Coldwell Banker, Dixie Curtice, 609-688-1350.
Trenton
233 Dickinson Street. Size of building: 5,000. Free-span
brick warehouse, 500 square-foot office, heavy concrete floors, 2
overhead doors, on-site parking. Asking price: $150,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
507 Perry Street. Size of building: 6,200. Four-story
brick warehouse, 1,550 square feet per floor, basement, freight
elevator,
and 12-foot ceilings. Asking: $125,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
378 Pennington Avenue. Size of building: 11,000. Urban
Enterprise Zone, 500 square-foot office, 14-foot to 16-foot high
ceilings,
2 dock doors. Asking price: $235,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
20 Swan Street. Size of building: 19,500. Refrigeration
building, could be office or warehouse. Hydraulic levelator loading
dock. Price reduced. Asking price: $150,000.
Gross rent, $5. Conditions: Plus operating expenses.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
72 Prince Street. Size of building: 85,000. One to
three-story
brick warehouse/manufacturing building on 1.4 acres, 16-foot ceilings,
loading dock and drive-in doors, freight elevator, concrete floors.
Asking price: $750,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
3 Amtico Square. Size of building: 100,758.
Warehouse/manufacturing
building with drive-in and dock loading, heavy electric, 13-foot to
24-foot ceilings, 165 car parking. Asking price: $699,000.
Ridolfi & Associates LLC, Joe Ridolfi, 609-584-0900.
310 Enterprise Avenue. Size of building: 165,000. Former
Carter-Wallace plant, two stories plus basement, parking for 240 cars,
rail served, in urban enterprise zone. Asking price: $1,100,000.
Segal Commercial Real Estate, Anne LaBate/ Gene
Howard, 609-882-3737.
Trenton Gateway, 526 New York Avenue. Size of
building: 10,000. Sale price as is, reduced, site good for hotel or
office, directly on Route 1, has existing building with warehouse
and office, 6.5 acre lot. Asking price: $1,350,000.
Gross rent, $4.50.
NAI Fennelly, Gerard Fennelly, 609-520-0061.
Out Below
Lawrence
Lawrence Station Road. Zoned light industrial, 5.7
acres,
backs up to Amtrak main line, Across the street from planned
apartment/townhouse
project. Asking price: $249,000.
Segal Commercial Real Estate, Chuck Segal/Anne
LaBate,
609-896-3399.
Elizabeth
10 North Avenue. Direct access to Port Newark/ Elizabeth
and close to Newark Airport. About 179 acres, with 70 acres that can
be developed. Asking price: $40,000,000.
Garibaldi Group, Jack Fatigati, 973-635-030. Owner:
Franklin
676 Howard Avenue. 16 acres, zoned light
industrial/manufacturing.
Asking price: $1,250,000.
Garibaldi Group, Jeffrey Garibaldi, 973-635-0303.
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