Drug Store

Springfield, NJ Drug Stores for Sale

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Freestanding Drug Store
Updated: Apr 11
Freestanding Drug Store

115 Morris Avenue, Springfield, NJ 07081

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13,369 sqft
13,369‑square‑foot freestanding drug store
100% leased to Walgreens Co. through January 2038
25‑year lease includes ten 5‑year renewal options
Absolute NNN lease places roof and structural obligations with the tenant
Signalized intersection of Morris, Meisel and Maple Avenues
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Mixed-Use Building
Corner Mixed-Use Building

5602 New Utrecht Avenue, Brooklyn, NY 11219

$2,300,000
2,640 sqft

Brick property combines two apartments with pharmacy and office space in a semi-attached corner configuration.

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Brick Mixed-Use Building
Brick Mixed-Use Building

6604 18th Avenue, Brooklyn, NY 11204

$2,900,000
0.04 AC lot

Ground-floor pharmacy space is paired with two two-bedroom apartments in a move-in-ready configuration.

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Corner Store Retail Space
Corner Store Retail Space

697 9th ave., New York, NY 10036

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1,600 sqft

Corner store with street-level entrance and additional basement space, available immediately for retail uses.

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Condominium-Base Retail Space
Condominium-Base Retail Space

607 6th Ave, New York, NY 10011

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Retail space situated at the base of a condominium building in New York’s Ladies’ Mile district.

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Springfield, NJ Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Springfield, NJ on our real estate platform. These investment opportunities span a total of 13,369 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 2
Automotive properties 2
Gas stations 2
Grocery and convenience stores 2
Storefront properties 2

Demographics Overview

Population 17K
Population Growth (5Y) -2.4%
Median Household Income $146,059
College Educated 89.1%

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $10.31 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

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