2029 Morris Ave - Office FOR SALE
Union Township, NJ 07083 |
2029 Morris Ave
Union Township, NJ 07083
HIGHLIGHTS
- ±14,000-SF, two-story, multi-tenant office building positioned on ±0.63 acres in the heart of Downtown Union, New Jersey.
- Ideal for users, value-add investors or developers; upside through lease-up of 60% when ownership vacates its prime space.
- Below market rents – in-place rents are ±38% below submarket average.
- Attractive, walkable, amenity-rich downtown location and flexible zoning allow for various uses, including office, retail, and more.
- Proximity to Garden State Parkway, Route 22, and I-78.
- 15-20 miles to Manhattan via Holland and Lincoln tunnels.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Executive West
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
14000
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.63 AC AC
LAND SF
27,443 SF
ZONING
-
APN/PARCEL ID
19-04214-0000-00006-01
