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14067754
14067753

880 Alexander Rd, Princeton, NJ 08540

JF
NJ 8131550
Fennelly Associates, Inc
Listed by Fennelly Associates, Inc
$3,000,000
1021 days on market
Updated 35 days ago

880 Alexander Road

Details
Property Type Industrial
Sub Type Flex, Manufacturing (+1)
Square Footage 21,164
Units 1
Cap Rate 5.70%
Tenancy Multi
Lease Type Absolute NNN
Price per SqFt $142
Buildings 1
Acreage 3.000
Zoning ROM1
Ground Lease No
Ceiling Height 18'
Loading Docks 3

21,164 SF Warehouse for Sale

Marketing description

880 Alexander Road | 21,164 SF Industrial Property | Princeton Submarket

Introducing a turnkey, solar‑equipped industrial facility in Princeton, NJ—this two‑unit asset combines high‑clear heights, sustainable power generation, and flexible ROM1 zoning for immediate owner‑user or investment appeal.

Key Property Highlights

  • 21,164 SF building on a 3‑acre site
  • 50% Occupied; 11,000 SF Available; $166,000 Gross Income
  • NOI: $113,000
  • Ceiling Height: 18’ clear
  • Clear Span: Steel trusses throughout
  • Loading: 1 tailgate door (10’ × 10’); 1 drive‑in door (10’ × 10’); 1 drive‑in door (12’ × 16’)
  • Roof Solar Array: 356 panels generating ~90–100 M kWh/year
  • Parking: 20 surface spaces
  • Taxes: $23,639.11 (2024)
  • Zoning: ROM1 – industrial/manufacturing, R&D, municipal and ancillary uses
  • Dimensions: 142’ × 142’; two contiguous units

Why This Location Works

Positioned just off Route 1 with seamless access to I‑295 and the NJ Turnpike, 880 Alexander Road places your operation within a deep labor pool and under two hours’ drive of both New York and Philadelphia. Proximity to Princeton University and local service providers enhances both workforce development and operational logistics.

Contact Gerard Fennelly at +1 609‑520‑0061 | fennelly@fennelly.com

Listing Contacts

JF
NJ 8131550
Fennelly Associates, Inc
Listed by Fennelly Associates, Inc

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