Office Space with Retail
1309 Route 70 W Cherry Hill, NJ 08002
1309 Route 70 W, Cherry Hill, NJ, 08002
$995,000
For Sale
$995,000
For-sale office suite on Route 70 W with signage opportunity and parking for staff and visitors.
Property Size2,991 SF
Price / SF$332.66
Days on Market353
Property Features for 1309 Route 70 W
General Information
- Standard status
- Active
- Size
- 2,991 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing agency
(856) 872-4100
Listed by
Sabal Real Estate
(856) 872-4100
Source
Xome
Added: Aug 3, 2025 Updated: Jul 21 at 12:27PM Checked: Jul 21 at 12:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sabal Real Estate
Investment Insights
Based on property information with market context.
This for-sale office suite is positioned along Route 70 W and is described as offering retail-style visibility. The offering includes signage opportunity and is sized as 2,991 (per the property information). It is presented for professional, medical, or creative office use, with ample parking for staff and visitors.
The property is located in Cherry Hill, NJ, and the remarks note easy access to I-295 and the NJ Turnpike. The area is described as surrounded by a mix of retail, dining, medical, and professional services, including national retailers and restaurants.
The location is also described as convenient to Cherry Hill Mall, Garden State Pavilion, and downtown Haddonfield.
The property is located in Cherry Hill, NJ, and the remarks note easy access to I-295 and the NJ Turnpike. The area is described as surrounded by a mix of retail, dining, medical, and professional services, including national retailers and restaurants.
The location is also described as convenient to Cherry Hill Mall, Garden State Pavilion, and downtown Haddonfield.
Key Highlights
- For‑sale office suite with retail exposure along Route 70 W in Cherry Hill, NJ
- Highly visible Route 70 frontage with signage opportunity
- Parking available for staff and visitors
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.7k | $30.00 |
| − Vacancy | −$28.7k | −$9.60 |
| EGI | $61.0k | $20.40 |
| − OpEx | −$15.3k | −$5.10 |
| NOI | $45.8k | $15.30 |
2,991 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$653.7K
$572.0K – $762.7K
NOI $45,762 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$781.0K
$683.4K – $911.2K
NOI $54,671 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - For-sale office suite on Route 70 W with signage opportunity and parking for staff and visitors.
Where is this office units located?
The property is located at 1309 Route 70 W Cherry Hill, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: For‑sale office suite with retail exposure along Route 70 W in Cherry Hill, NJ; Highly visible Route 70 frontage with signage opportunity; Parking available for staff and visitors
