1605 Rt 70 | Cherry Hill, NJ 08002
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- LoopNet Team
1605 Rt 70
Cherry Hill, NJ 08002
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guaranty: Lease is backed by Tesla Inc.'s corporate entity
- Strong Demographics with 322,792 people within a 5 mile radius
- Strong Retail Corridor: Located in a thriving retail corridor along NJ-70, surrounded by national retailers and several car dealerships
- Strategic Tesla Dealership Placements: Tesla strategically selects dealership locations with only four in the Philadelphia MSA
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,000 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.30
Lot Size
2.10 AC
Zoning
N/Av,Cherry Hill Twp - B2-Highway Business Zone
Parking
80 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
246’ on Marlton Pike W
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | 09-00053-01-00008 | Improvements Assessment | $1,513,800 |
| Land Assessment | $672,000 | Total Assessment | $2,185,800 |
PROPERTY TAXES
Parcel Number
09-00053-01-00008
Land Assessment
$672,000
Improvements Assessment
$1,513,800
Total Assessment
$2,185,800
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