1080 Garden State Road, Union, NJ
Total Building Size: 45,190 SF
Three Units: All with interior loading docks, generous power capacity, and 30+ parking spaces
Stable Occupancy: Two units (Units 1 & 3) will be delivered leased to long-standing, regional tenants with decades of operational history
Flexible Leaseback Option:
Ownership (Maple Prime) to sign a new 5-year lease at FMV for 19,385 SF, with interim month-to-month tenancy on Unit 2, 11,305 SF until new lease is signed.
Vulcan Tools: Currently occupying 14,500 SF on a revised leaseback with one 5-year renewal at 95 % FMV (September 2026)
Unit 2: Month-to-month lease offering leasing flexibility or immediate repositioning potential
Tenant Credit: Occupants are low risk tariff exposed businesses with proven operating histories and minimal import-related risk
Submarket Fundamentals: Union County remains one of the most supply-constrained and competitive industrial submarkets in New Jersey, with continued rental growth and investor demand