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Industrial Sale-Leaseback Opportunity 3 Properties in Springfield, NJ
Investment Highlights
- The property contains three separate structures optimized for warehousing, flex use, and maintenance operations.
- The warehouse features a 16-foot clear ceiling height and column spacing of 20 feet by 30 feet.
- The tenant operates a third-generation hardware supply business with a proven track record and strong credit quality.
- The site enjoys direct access to Route 22 and close proximity to Route 78 for seamless regional distribution.
- Five exterior loading doors support efficient freight handling and industrial workflows.
- A long-term lease commitment exceeding ten years provides justifiable income security for investors.
Executive Summary
This industrial sale-leaseback opportunity offers an established property with strong operational continuity, making it an attractive acquisition for investors. The site consists of three freestanding facilities including a ±32,500 SF warehouse, a ±2,800 SF flex building, and a ±2,450 SF maintenance shop. With a tenant in place for over 95 years and a long-term lease commitment of 10+ years, the property ensures dependable occupancy and income stability.
Located within Union County’s centralized industrial park, the property provides direct access to Route 22 and is in close proximity to major transportation corridors, including Route 78. The buildings feature functional layouts, generous column spacing, and exterior loading bays tailored for industrial operations. This offering combines immediate cash flow with future upside, anchored by a tenant operating a third-generation hardware supply business with solid credit and demonstrated revenue performance.
For buyers seeking predictable income and long-standing tenancy, this sale-leaseback allows ownership of a well-maintained industrial site in one of New Jersey’s most accessible logistics corridors. The central location serves regional distribution, making it a strategic addition to any industrial portfolio.
Located within Union County’s centralized industrial park, the property provides direct access to Route 22 and is in close proximity to major transportation corridors, including Route 78. The buildings feature functional layouts, generous column spacing, and exterior loading bays tailored for industrial operations. This offering combines immediate cash flow with future upside, anchored by a tenant operating a third-generation hardware supply business with solid credit and demonstrated revenue performance.
For buyers seeking predictable income and long-standing tenancy, this sale-leaseback allows ownership of a well-maintained industrial site in one of New Jersey’s most accessible logistics corridors. The central location serves regional distribution, making it a strategic addition to any industrial portfolio.
Property Facts
| Sale Condition | Sale Leaseback | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 42,250 SF |
| Status | Active | Total Land Area | 5.29 AC |
| Number of Properties | 3 |
| Sale Condition | Sale Leaseback |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 42,250 SF |
| Total Land Area | 5.29 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 39 Commerce St, Springfield, NJ 07081 | Flex | 2,800 SF | 1947 | - |
| 31 Commerce St, Springfield, NJ 07081 | Flex | 2,450 SF | 1955 | - |
| 33 Commerce St, Springfield, NJ 07081 | Industrial | 37,000 SF | 1965 | - |
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Industrial Sale-Leaseback Opportunity
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