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- LoopNet Team
3700-3710 US Rt 1
Princeton, NJ 08540
6 Acre Development Site Gas/Food/Bank/Retail · For Lease
PROPERTY FACTS
Property Type | Land | Proposed Use |
Commercial
|
Property Subtype | Commercial |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use |
Commercial
|
Property Overview
Penns Neck Plaza -- Intersection of US-1 and Washington Rd (100,000+ VPD) -- Prime Pad Sites Available w/Drive-Thrus Penns Neck Plaza is a newly designated Area in Need of Redevelopment which sits at the intersection of US Rt-1 and Washington Rd. With over 100,000+ vehicles per day, the location presents some of the most attractive new pad sites in central New Jersey. This signalized corner acts as a gateway to Princeton and West Windsor townships and sits directly across from Princeton University’s new business campus. A short distance from NJT’s Princeton Junction Station, the location enjoys over 850 SF of frontage along US-1 where it is sandwiched between the new Princeton Medical Center and Carnegie Plaza (a 2.2 million SF office park). Per the recently passed ordinance, the “Route 1 Penns Neck Business Commercial Redevelopment Area” is entitled for a wide variety of drive-thru uses including a 16-pump Gas station with convenience, banks, pharmacies, retail, medical, cafes, and food. The center will enjoy two 20+ ft pylon signs along US-1 as well as significant building signage and monument signage along Washington Rd. Penns Neck Associates (PNA), an affiliate of Princevest, has been designated the Developer of the new Penns Neck Redevelopment Area by the governing municipality. The developer is expecting to finalize the tenant lineup and site plan in Q1 of 2021 and deliver build-ready sites as soon as possible. Permitted Uses: Penns Neck Permitted Uses: - 16 Pump Service Station w/diesel and Convenience Store - Banks w/Drive Thru - Pharmacies w/Drive Thru - Food and Restaurants w/ Drive Through - General Retail - Urgent Care / Medical Permitted Signage: US 1 Center Identification Pylon Sign Sign Area: 72 SF - Illuminated Height: 20 FT US 1 Gas Station Service Sign Sign Area: 130 SF - Illuminated Height: 25 FT Washington Rd. Monument Sign Sign Area: 64 SF - Illuminated (LED allowed for gas prices) Height: 8 FT Additional Signage Permitted - 2 gas station canopy signs facing public roads - Illuminated Wall Signs - Awning Signs - Window Signs
Highlights
- Heavy Traffic Count 100,000+ VPD on US-1 and Washington Rd
- Outstanding Demographics - Exclusive Retail entrance to Princeton and West Windsor
- Prominent Pylon Signage (Multiple 20ft+ Pylons on US-1 and Monument Signs on Washington Rd)
Listing ID: 21423577
Date on Market: 2020-11-05
Last Updated:
Address: 3700-3710 US Rt 1, Princeton, NJ 08540
The Land Property at 3700-3710 US Rt 1, Princeton, NJ 08540 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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