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15 W Front St
15,340 SF 37% Leased Office Building Trenton, NJ 08608 £1,294,276 (£84/SF)
Investment Highlights
- Prime Location: Just two blocks from the Capitol Complex in Trenton, ideal for attracting government and private tenants.
- Spacious & Versatile: 16,000 sq ft across five floors, offering flexible space for various business needs.
- Strategic Connectivity: Easy access to major routes and Pennsylvania, ensuring excellent connectivity for tenants.
- Income-Generating: Existing rental income covers all expenses, providing immediate cash flow and low-risk investment.
- Turnkey Condition: Ready for immediate occupancy or customization, reducing downtime for new owners
- Lucrative Investment: Ideal for 1031 exchange, with opportunities for rental income growth and property appreciation.
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Locate in the first floor of this classic, well-maintained building is in the historic downtown area of Trenton, among cobblestone streets and townhouses, at the corner of West Front Street and Peace Street, 1 1/2 blocks from the Statehouse and half a block from Starbucks. The first floor features approx. 4000 SF of office space with 6 private offices, reception area, separate conference room and bullpen work area. This well located office features private restrooms, telecom and internet wiring, elevator, and is recently carpeted and painted. There are three nearby parking garages; walk to banks, restaurants, state offices and the Trenton Transit Center. Join other quality corporate and professional tenants, some nationally known. The building is easily accessible from Routes 95, 1, 206, 29, and 33, trains and busses, and the Trenton-Mercer Airport.
| Space | Size | Space Use | Condition | Available |
| Lower Level-Ste LL04 | 300 SF | Office | Full Build-Out | Now |
| Lower Level-Ste LL05 | 300 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 1000 | 4,000 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 2007 | 1,050 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 3000 | 3,960 SF | Office | Full Build-Out | Now |
Lower Level-Ste LL04
| Size |
| 300 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Lower Level-Ste LL05
| Size |
| 300 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1000
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2007
| Size |
| 1,050 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3000
| Size |
| 3,960 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Lower Level-Ste LL04
| Size | 300 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Lower Level-Ste LL05
| Size | 300 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1st Fl-Ste 1000
| Size | 4,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Locate in the first floor of this classic, well-maintained building is in the historic downtown area of Trenton, among cobblestone streets and townhouses, at the corner of West Front Street and Peace Street, 1 1/2 blocks from the Statehouse and half a block from Starbucks. The first floor features approx. 4000 SF of office space with 6 private offices, reception area, separate conference room and bullpen work area. This well located office features private restrooms, telecom and internet wiring, elevator, and is recently carpeted and painted. There are three nearby parking garages; walk to banks, restaurants, state offices and the Trenton Transit Center. Join other quality corporate and professional tenants, some nationally known. The building is easily accessible from Routes 95, 1, 206, 29, and 33, trains and busses, and the Trenton-Mercer Airport.
2nd Fl-Ste 2007
| Size | 1,050 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
3rd Fl-Ste 3000
| Size | 3,960 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 11-00108-0000-00015 | Improvements Assessment | £600,858 (2024) |
| Land Assessment | £85,579 (2024) | Total Assessment | £686,437 (2024) |
PROPERTY TAXES
-
John Anthony Scotto -
EXP Realty
Presented by
15 W Front St
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