493 Route 38 W
Maple Shade, NJ 08052
Macy’s Furniture Gallery · Retail Property For Sale

Cushman & Wakefield is pleased to offer 493 Route 38 West in Maple Shade, New Jersey for sale. This 72,625 SF building is situated on 9.43 acres. The property is fully leased to Macy's Retail Holdings for their Macy's Furniture Gallery store. Macy's has occupied the property for over 19 years and just recently executed a 10 year lease extension which extends the lease through January 31, 2031. Macy's recently raised $4.5 billion securing its longevity. The Property is located on Route 38 in Burlington County, almost equidistant between the Moorestown and Cherry Hill Malls. Both malls have a Macy’s anchor, but those stores are not big enough to house their furniture line. The equidistant location of this Macy’s Furniture Gallery is strategic for Macy’s and serves the furniture customer needs for Macy’s clients in both Burlington and Camden Counties. The closest Macy’s Furniture Gallery is on Cottman Avenue in Philadelphia, PA. Route 38 is one of the two main commuter highways to Center City Philadelphia. There are, on average 56,515 cars that drive by daily. The population is dense with over 240,000 people within a 5-mile radius and the average household income is $117,658.