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1909 Route 70 E
Cherry Hill, NJ 08003
Office Property For Sale
Investment Highlights
- Value-add office investment opportunity consisting of a +/- 51,237 SF multi-story office building situated on +/- 5.17 acres in Cherry Hill, NJ
- Ideal for an owner-user, medical conversion, or repositioning opportunity.
- The site is ideally suited for a corporate headquarters, healthcare user, or institutional office occupancy seeking a centralized regional location.
- The property offers approximately 200 surface parking spaces (3.9 spaces per 1,000 sq ft), with efficient floor plates of roughly 17,000 SF/floor.
- Strategically positioned along heavily trafficked Route 70 (over 54,000 VPD), the Property offers exceptional visibility and accessibility.
- The offering also includes three adjacent 1-acre pad sites (an additional +/- 2.93 AC total).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
51,237 SF
Building Class
B
Year Built
1985
Price
$5,500,000
Price Per SF
$107.34
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
12,809 SF
Slab To Slab
10’
Building FAR
0.27
Lot Size
4.38 AC
Zoning
O-1
Property Taxes
| Parcel Number | 09-00472-01-00011 | Improvements Assessment | $3,095,600 |
| Land Assessment | $1,654,400 | Total Assessment | $4,750,000 |
Property Taxes
Parcel Number
09-00472-01-00011
Land Assessment
$1,654,400
Improvements Assessment
$3,095,600
Total Assessment
$4,750,000
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