Pennington, NJ Commercial Real Estate for Lease and Sale

Explore 33 listings of Pennington commercial real estate to find the best space for your business.

Princeton West

311 Pennington Rocky Hill Road , Pennington, Hopewell, NJ
Property

Office
For Sale Contact for pricing
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Princeton Place at Hopewell

1700, 1750, 1800 American Boulevard, Pennington, Hopewell, NJ
Property

Office

321,809 SF
Availability

1 Space

9,500 SF
Year Built

1980
For Lease

$35.00/SF/YR
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Princeton West Innovation Campus

311 Pennington Rocky Hill Road, Pennington, NJ
Property

Office

1,150,000 SF
Availability

23 Spaces

799,568 SF
Year Built

1980
For Lease Contact for pricing
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23 West Delaware Ave

23 West Delaware Ave, Pennington, NJ
Property

Restaurant

1,800 SF
Year Built

2000
For Sale

$475,000
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Office Retail Industrial

Office Retail Industrial Land
1589 Reed Rd

1589 Reed Rd, Pennington, NJ
Property

Industrial

5,000 SF
Availability

1 Space

3,200 SF
For Lease Contact for pricing
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23 West Delaware Ave

23 West Delaware Ave, Pennington, NJ
Property

Restaurant

1,800 SF
Availability

1 Space

1,800 SF
Year Built

2000
For Lease

$6,000.00/MO
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93 Route 31 N

93 Route 31 N, Pennington, NJ
Property

Industrial

4,350 SF
Availability

1 Space

4,100 SF
For Lease Contact for pricing
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Reed Road Industrial Park

1580 Reed Rd, Pennington, NJ
Property

Industrial

20,000 SF
Availability

1 Space

1,600 SF
For Lease

$16.00/SF/YR
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Pennington Business Park

55 State Route 31 South, Pennington, NJ
Property

Industrial

70,500 SF
Year Built

1979
For Sale Contact for pricing
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2425 Pennington Rd

2425 Pennington Rd, Pennington, NJ
Property

Office

14,000 SF
For Sale Contact for pricing
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10 South Main Street

10 South Main Street, Pennington, NJ
Property

Office

5,000 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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132 Route 31 N

132 Route 31 N, Pennington, NJ
Property

VacantLand

25 Acre
Availability

1 Space

25 Acre
For Lease Contact for pricing
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Washington Crossing Pennington Professional Center

1 Washington Crossing Pennington Road, Pennington, NJ
Property

Office

11,000 SF
Availability

1 Space

2,000 SF
For Lease

$19.50/SF/YR
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1574 Reed Rd

1574 Reed Rd, Pennington, NJ
Property

Office

16,000 SF
Availability

1 Space

16,000 SF
For Lease Contact for pricing
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19 Brookside Ave

19 Brookside Ave, Pennington, NJ
Property

Office

4,200 SF
For Sale Contact for pricing
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19 Brookside Ave

19 Brookside Ave, Pennington, NJ
Property

Office

4,200 SF
Availability

1 Space

4,200 SF
For Lease Contact for pricing
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Route 31 & Denow Rd

Route 31 & Denow Rd, Pennington, Hopewell Township, NJ
Property

VacantLand

9.3 Acre
For Sale Contact for pricing
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1580 Reed Rd

1580 Reed Rd, Pennington, NJ
Property

Industrial

17,245 SF
For Sale

$2,000,000
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210 Route 31 S

210 Route 31 S, Pennington, Hopewell, NJ
Property

Land
For Sale Contact for pricing
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130 Pennington Washington Crossing Road

130 Pennington Washington Crossing Road, Pennington, NJ
Property

Office

4,100 SF
For Sale

$2,400,000
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Tree Farm Professional Complex

5 Tree Farm Road, Pennington, NJ
Property

Office

5,100 SF
Availability

1 Space

5,100 SF
For Lease Contact for pricing
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23 Route 31 N

23 Route 31 N, Pennington, NJ
Property

Office

16,000 SF
Availability

1 Space

3,500 SF
For Lease

$16.00 - $19.00/SF/YR
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Hopewell Crossing

800 Denow Road, Pennington, NJ
Property

Retail

124,304 SF
Availability

2 Spaces

4,663 SF
Year Built

2004
For Lease Contact for pricing
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Pennington Shopping Center

25 State Route 31 South, Pennington, NJ
Property

Retail

100,007 SF
Availability

2 Spaces

2,164 SF
Year Built

1960
For Lease Contact for pricing
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311 Pennington Rocky Hill Road

311 Pennington Rocky Hill Road, Pennington, NJ
Property

Office

1,150,000 SF
Year Built

1980
For Sale Contact for pricing
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1574 Reed Rd

1574 Reed Rd, Pennington, NJ
Property

Office

16,000 SF
For Sale Contact for pricing
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Princeton West

311 Pennington Rocky Hill Road , Pennington, Hopewell, NJ
Property

Office
Availability Contact for availability

For Lease Contact for pricing
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2 Route 31 S

2 Route 31 S Pennington, Pennington, NJ
Property

Office

10,711 SF
Availability

2 Spaces

10,711 SF
For Lease Contact for pricing
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15 W Delaware Ave

15 W Delaware Ave, Pennington, NJ
Property

Retail

3,700 SF
For Sale

$488,000
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2425 Pennington Rd

2425 Pennington Rd, Pennington, NJ
Property

Office

11,391 SF
Availability

1 Space

3,300 SF
For Lease Contact for pricing
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65 S Main St

65 S Main St, Pennington, NJ
Property

Office

26,000 SF
Availability

1 Space

2,500 SF
For Lease Contact for pricing
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2 Route 31 S.

2 Route 31 S.Pennington, Pennington, NJ
Property

Office

10,711 SF
For Sale Contact for pricing
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10 South Main Street

10 South Main Street, Pennington, NJ
Property

Office

5,000 SF
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Pennington commercial real estate market incorporates 2,781,222 square feet of office space across 21 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Pennington commercial real estate market includes 228,011 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Pennington market, there is a total of 117,095 square feet of industrial property.

The listing inventory in Pennington incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Pennington is represented by Office space, which accounts for 861,379 square feet of available listings. Industrial space available in Pennington adds up to 8,900 square feet.

Meanwhile, most of the listings of commercial property for sale in Pennington are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Pennington, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19.5 per square foot.

The average size of a commercial property in Pennington depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Pennington, the average size of an office property is 154,513 square feet.
Retail properties here incorporate an average of 76,004 square feet.
Industrial space in Pennington is in buildings that are, on average 23,419 square feet in size.

Pennington, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Pennington currently add up to 1,968,406 square feet. The market offers 13 active office listing(s), which amount to 861,379 square feet and account for 65% of commercial spaces on the market. Local retail availability includes 7,327 square feet across 2 retail space(s). Industrial space for rent opportunities in Pennington amount to 8,900 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	13	861,379
Retail	2	7,327
Industrial	3	8,900
Other	2	1,090,800

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Pennington, NJ. Currently, there is 1,297,265 square feet of commercial property for sale here , which includes 8 office building(s) for sale , 1 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	8	1,204,011
Retail	1	3,700
Industrial	2	87,745
Other	3	1,809

Pennington, NJ Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Pennington, NJ?

What factors affect the price of commercial real estate in Pennington, NJ?

What are the best areas for commercial real estate in Pennington, NJ?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Pennington, NJ?

Pennington, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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