Freestanding Restaurant with Road
For Lease
$17,176/Mo
2458 RT 38, Cherry Hill, NJ 08002
CommercialLease, CHERRY HILL, NJ
Space Size5,424 SF
Lot Size3.40 Acres
Days on Market198
Property Features for 2458 RT 38
General Information
Property type
Other
Property subtype
Retail
Parking
150
Parking features
Parking Lot
Elementary school district
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
Middle school district
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
High school district
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Lot size
3.40 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1980
Building materials
Frame
Listing Agency:
MLS Direct
(856) 857-1800
Listed By:
Kevin Wallace · License #8934519
(609) 820-8947
Added: Feb 26
Changed: Aug 19
Last Checked: Sep 12 at 6:06PM
MLS# NJCD2111766
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding restaurant property includes an existing 5,424 SF building constructed in 1980. The structure is offered as-is for rehabilitation and is framed with central heating and central air conditioning. Although configured as a restaurant, the property information indicates flexibility for other business uses. A parking lot serves the site, with additional parking supported by a permanent easement on Lot 4 if needed.
The 3.4-acre property provides 334 feet of road frontage and sits along Route 38 in Cherry Hill. Access is positioned between two U-turns, the Route 38 Circle, and the Mill Street traffic light. Surrounding commercial uses include Wawa, McDonald’s, Outback Steakhouse, Wendy’s, and M&T Bank, with a new car wash identified as coming to the circle. The site is near the retail corridors serving Cherry Hill and Moorestown and lies on a route to Philadelphia.
The 3.4-acre property provides 334 feet of road frontage and sits along Route 38 in Cherry Hill. Access is positioned between two U-turns, the Route 38 Circle, and the Mill Street traffic light. Surrounding commercial uses include Wawa, McDonald’s, Outback Steakhouse, Wendy’s, and M&T Bank, with a new car wash identified as coming to the circle. The site is near the retail corridors serving Cherry Hill and Moorestown and lies on a route to Philadelphia.
Key Highlights
- Existing 5,424 SF restaurant building on a 3.4‑acre property
- 334ft of road frontage along Route 38
- Parking lot with additional parking easement on Lot 4
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Explore this area
Business Placement
Demographics for 08002, NJ
23,920
Population
9,967
Households
2.4
Avg Household Size
41
Median Age
46%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
3,322
Density / Sq Mi
$105,523
Median Household Income
$56,963
Median Earnings
$1,895
Median Rent
$301,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Ruby Buffet — 2100 NJ-38, Cherry Hill, NJ 08002
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant improvements offer flexible reuse potential, parking, and access along a heavily traveled commercial corridor.
Where is this conventional restaurant located?
The property is located at 2458 RT 38 Cherry Hill, NJ.
What is the lease rate?
The lease rate is $17,176/Mo.
What are key features of this property?
This property features: Existing 5,424 SF restaurant building on a 3.4‑acre property; 334ft of road frontage along Route 38; Parking lot with additional parking easement on Lot 4
