Listed by Sitar Realty Company Iselin
Unpriced
Industrial Sale-Leaseback Opportunity
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 37,750
Tenancy Single
Lease Term 10
Buildings 3
Acreage 1.700
Parking Spaces 25 spaces
Parking per 1,000 SqFt 0.66
Investment Type Sale/Leaseback
Ceiling Height 16'
Loading Docks 5
31-39 Commerce Street, Springfield, NJ 07081
Marketing description
A three building complex consisting of a ±32,500 SF warehouse, a ±2,800 SF flex building and a ±2,450 SF maintenance shop.
Centrally located in Union County industrial park with direct access to Route 22 and in close proximity to Route 78.
Investment highlights
- 16' ceiling height
- 5 exterior docks
- Column spacing 20' w x 30' d
- 25 surface parking spaces
- Third generation hardware supply business with strong revenue and solid credit
- Long term lease opportunity (10+ years)
- Tenant has been in business for 95 years
Listing Contacts
Listed by Sitar Realty Company Iselin
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