3490 US-1 is a single-story, 105,000 SF flex property on an 11.71-acre site in Princeton. Axria acquired the underutilized service center in 2018 for $9 million and led a full gut-up, demolition, shell reconstruction, and targeted renovation through 2019–2020. The repositioning introduced modern infrastructure, including 24-hour access, EV charging stations, integrated conferencing facilities, and enhanced controlled entry, and delivered 300 surface parking stalls at a 5 spaces/1,000 SF ratio. Zoned B-2 for flexible industrial, office, and medical use, the asset achieved initial lease-up at asking rents of $18/SF/YR + utilities, leasing is still underway. Proximity to Princeton Junction (7-minute drive) and major arterials enhances accessibility.
