Shopping Strip
Cornerstone Court
1 Tree Farm Rd, Pennington, NJ 08534
Listing Price: $4,383,000
Cap Rate
6.77%
Gross SF
18,284
Rentable SF
18,284
Price/Gross SF
$239.72
Lot Size
1.83 acres
Year Built
2006
Investment Overview
Marcus & Millichap is pleased to exclusively present 1 Tree Farm Road, Pennington, Mercer County, New Jersey.
Cornerstone Court
Investment Highlights
- Value-Add Opportunity by Leasing Remaining Space, Raising all Tenants to Market Rent, and Converting all Leases to NNN Structure
- No Single Tenant Occupies more than 12% of the Gross Leasable Area (GLA), Mitigating Landlord Risk
- Property is Uniquely Situated Right off of Route 31 Seeing over 26K Vehicles per Day
Exclusively Listed By
Listing Price: $4,383,000
Cap Rate
6.77%
Gross SF
18,284
Rentable SF
18,284
Price/Gross SF
$239.72
Lot Size
1.83 acres
Year Built
2006
Investment Highlights
- Value-Add Opportunity by Leasing Remaining Space, Raising all Tenants to Market Rent, and Converting all Leases to NNN Structure
- No Single Tenant Occupies more than 12% of the Gross Leasable Area (GLA), Mitigating Landlord Risk
- Property is Uniquely Situated Right off of Route 31 Seeing over 26K Vehicles per Day
Investment Overview
Marcus & Millichap is pleased to exclusively present 1 Tree Farm Road, Pennington, Mercer County, New Jersey.
Exclusively Listed By
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