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    Springfield, NJ NNN Properties for Sale

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    Freestanding Drug Store
    Updated: Apr 11
    Freestanding Drug Store

    115 Morris Avenue, Springfield, NJ 07081

    Contact for pricing
    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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    See what stands out in Union County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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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.

    Fully Rented Commercial Property
    Fully Rented Commercial Property

    904 S Orange Ave, Newark, NJ 07106

    $2,000,000
    10,000 sqft 0.21 AC lot

    Commercial property currently fully rented with long-term tenants.

    View details
    Freestanding NNN Property
    Freestanding NNN Property

    904 S ORANGE AVE Unit 908, Newark, NJ 07106

    $2,000,000
    10,000 sqft

    Commercial asset featuring off-street parking, a fire alarm, and a 2018 construction date.

    View details
    Wawa NNN Ground Lease Property
    Wawa NNN Ground Lease Property

    1921 E Edgar Rd, Linden, NJ 07036

    Contact for pricing
    5,051 sqft

    Single-tenant asset with an absolute NNN ground lease and multiple renewal options.

    View details
    Two-Tenant NNN Property
    Two-Tenant NNN Property

    1951 E Edgar Rd, Linden, NJ 07036

    Contact for pricing
    4,305 sqft

    Two restaurant tenants occupy a newly built commercial property with long-term net lease commitments.

    View details

    Springfield, NJ Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties 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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    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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