Palmer Square - Office Space Availability

For Lease$45/Sqft/Year See below for details.

1 Palmer Square, Princeton, NJ 08542

  • Office
  • General Office
  • 5,215 Sqft

Palmer Square, Princeton, NJ 08542 - Office Space for rent

Palmer Square is located at 1 Palmer Square in NJ, Princeton, 08542. The Class B Office building was completed in 1937 and features a total of 249,000 Sqft. There is 1 Office space available for lease at 1 Palmer Square, Princeton, NJ, 08542, totaling 5,215 Sqft. The largest space available has 5,215 Sqft and a rental rate of $45/Sqft/Year.

There are 271 office spaces for lease in the Princeton city, totaling 2,738,489 Sqft of available office space. The office space availability for the 08542 zip code is 15,947 Sqft, in 4 office spaces. The average asking office rent per sq. ft. in Princeton is $29.39/sqft/year. For Class A office buildings the average office rate is $33.71/sqft/year, for Class B office buildings the average office rate is $25.62/sqft/year.

In Princeton, there are 60 class B office buildings. In Princeton, there are a total of 2 LEED certified office buildings. In 1937, the same year Palmer Square was built, 14 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Princeton, featuring 249,000 square feet of commercial space. At zip code level, there are 4 commercial properties, of which 4 are office buildings over 50,000 square feet.

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Details

  • Price $45/Sqft/Year
  • City Princeton
  • Zip Code 08542
  • Market New Jersey
  • Property Type Office - General Office
  • Property Size 249,000 Sqft
  • Lot Size 1.17 Acre
  • Parking Spaces Avail. 747
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1937
  • Date Updated 15 Oct, 2019

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Availability

Suite Name Space Type Lease Rate Space Available
1 Palmer Square #515 General Office $45/Sqft/Year 5,215 Sqft
  • Suite 1 Palmer Square #515
  • Space Type General Office
  • Total Space Available 5,215 Sqft
  • Floor From 5 To 5
  • Divisible Space No
  • Min Divisible 5,215 Sqft
  • Max Contiguous 5,215 Sqft
  • Lease Rate $45/Sqft/Year
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Peter M. Dodds Is this you?

Morford & Dodds Realty

(609) 452-8880

Livingston Johnson Is this you?

Morford & Dodds Realty

(609) 452-8880

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at Palmer Square?

There is currently 1 office space in this building.

What is the largest space available at Palmer Square?

Currently, the largest rentable space at Palmer Square totals 5,215 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at Palmer Square is $45/Sqft/Year$ per square foot.

What is the total square footage of Palmer Square?

Palmer Square totals 249,000 square feet.

When was this property built?

Palmer Square was built in 1937.

Princeton Demographics

The average household income in zip code 08542 is $130,536, from a total of 1,733 households. In terms of employment, there are 96.45 % white-collar and 3.55 % blue-collar jobs in zip code 08542.

Population

  • Total Population54,453
  • Male Population(49.7 %) 27,059
  • Female Population(50.3 %) 27,394
  • Median Age34.00

Income/Financial

  • Average Household Income$205,768
  • Median Household Income$112,708
  • Median Income Under 25$35,371
  • Median Income 25-44$102,912
  • Median Income 45-64$153,385
  • Median Income Over 65$94,997

Leasing Contacts Register now to add listings

Peter M. Dodds Is this you?

Morford & Dodds Realty

(609) 452-8880

Livingston Johnson Is this you?

Morford & Dodds Realty

(609) 452-8880