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295 Rt 70 W 4,881 SF 65% Leased Office Building Cherry Hill, NJ 08002 $775,000 ($158.78/SF)

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EXECUTIVE SUMMARY

Rare opportunity to purchase a value add property at such a landmark location. These two things never go hand in hand.
Phenomenal landmark location fronting Rt. 70 and contiguous to famous Ponzio's Diner. This property has it's own dedicated pylon signage, as well as potential building signage.
All tenants have their own dedicated and separate access into their own suite. Only a portion of the 2nd floor remains vacant. Rare opportunity to capture market rents and boost the current NOI.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
4,881 SF
Building Class
C
Year Built
1960
Price
$775,000
Price Per SF
$158.78
Percent Leased
65%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,441 SF
Slab To Slab
10’
Building FAR
0.47
Lot Size
0.24 AC
Zoning
B-2 Highway Business Dist - B-2 Highway Business zone permits child care centers, restaurants and bars,medical and professional offices, beauty shops and retail sales.
Parking
15 Spaces (3.07 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

The U.S. Chamber of Commerce is a nonprofit business association and the largest business federation in the United States. Founded on April 23, 1912, at the behest of President William Howard Taft, it represents a broad coalition of businesses, from local enterprises to major global corporations. Operating under section 501(c)(6), the Chamber serves as a key advocate for pro-business policies, including tax reform, deregulation, and international trade. The organization’s headquarters in Washington, DC, supports seven regional offices nationwide. With 483 employees and revenues of approximately $210 million in 2022, it engages in policy lobbying, legal advocacy, research, and educational initiatives.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Services 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-00394-01-00001
Land Assessment
$182,500
Improvements Assessment
$294,200
Total Assessment
$476,700
  • Listing ID: 38938545

  • Date on Market: 12/31/2025

  • Last Updated:

  • Address: 295 Rt 70 W, Cherry Hill, NJ 08002

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