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532 Route 70 W 3,500 SF 100% Leased Office Building Cherry Hill, NJ 08002 $849,950 ($242.84/SF)
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a premier office building located along heavily trafficked Route 70 in the heart of Cherry Hill
- The building is fully leased with high quality tenants; 1st floor is occupied by a long-term medical tenant and the 2nd floor is an office user
- Nearby amenities include Wegmans, the Cherry Hill Mall, DDW, Barnes and Noble, the Cheesecake Factory
- The well-maintained building, built in 1989, is situated on a corner property and features floor to ceiling windows & prominent signage
- The building is easily accessible from all major thoroughfares including I-295, King’s Highway, Haddonfield Road and Route 38
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,500 SF
Building Class
B
Year Built
2024
Price
$849,950
Price Per SF
$242.84
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,750 SF
Building FAR
0.24
Lot Size
0.33 AC
Zoning
O1 - Office 1
1 1
PROPERTY TAXES
| Parcel Number | 09-00353-01-00001 | Improvements Assessment | $109,000 |
| Land Assessment | $216,000 | Total Assessment | $325,000 |
PROPERTY TAXES
Parcel Number
09-00353-01-00001
Land Assessment
$216,000
Improvements Assessment
$109,000
Total Assessment
$325,000
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532 Route 70 W
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