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2348 Route 70 W 4,250 SF Retail Building Cherry Hill, NJ 08002 For Sale
EXECUTIVE SUMMARY
The Hampton Inn by Hilton plan contains 120 rooms. The Residence Inn by Marriott shows 131 rooms on the plan. The restaurant building on the plan is 4,250 square feet. The approvals include a 5 year tax abatement. The restaurant would obtain the liquor license as part of the hotel project.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,250 SF
Building Class
B
Year Built
2027
Construction Status
Proposed
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
11.38 AC
Frontage
401’ on Marlton Pike West
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-00071-01-00002 | Improvements Assessment | $485,000 |
| Land Assessment | $1,223,000 | Total Assessment | $1,708,000 |
PROPERTY TAXES
Parcel Number
09-00071-01-00002
Land Assessment
$1,223,000
Improvements Assessment
$485,000
Total Assessment
$1,708,000
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2348 Route 70 W
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