Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2100 Route 38 Cherry Hill, NJ

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Centrally located power center with high visibility and convenient access.

    Property size:
    12,000 SF
    Lot size:
    20.77 Acres

    Property Features for 2100 Route 38

    General Information

    Size
    12,000 SF
    Lot size
    20.77 Acres

    We can help!

    Listing Contact
    Kyle Irwin
    Source: Moodyscre

    Listing Agency: Sterling Organization - Corporate Listing Agent: Kyle Irwin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Retail Space in Cherry Hill

    The Plaza at Cherry Hill is a centrally located power center in the heart of Cherry Hill, New Jersey, offering convenient access to and visibility from Route 38. The property serves Cherry Hill, Moorestown, Marlton, and Pennsauken. This major employment hub is home to key employers including Subaru of America, Campbell’s Soup, TD Bank, and Lockheed Martin. Anchored by national brands such as Esporta Fitness, Raymour & Flanigan, Total Wine & More, and Aldi, the property offers 65838 square feet of retail space. The area is also home to top healthcare systems, including Cooper Health, Kennedy Health Systems, Penn Medicine, Virtua Health, and Our Lady of Lourdes Medical Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kress Plaza, BROOKCHESTER SHOPPING CENTER

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Hill
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0398622
    Latitude
    40.9287098

    Nearby Similar for Lease

    • $5,416 /Mo

      Prime Retail/Office Space on Route 70

      High-visibility commercial space in Cherry Hill's thriving business corridor.
      2093 Marlton Pike E, Cherry Hill, NJ 08003
      View Details
    • New
      $17,176 /Mo
      148,104 SF

      Restaurant/Retail Space in Cherry Hill

      High-traffic location suitable for restaurant or retail business.
      2458 Rt 38, Cherry Hill, NJ 08002
      View Details
    • $9,500 /Mo

      Cherry Hill Commercial Lease Opportunity

      Prime location for office or showroom with high visibility.
      1641 Marlton Pike E, Cherry Hill, NJ 08034
      View Details
    • $15,000 /Mo

      Commercial Space in Cherry Hill

      Retail property available for lease in Cherry Hill, New Jersey.
      1604 Route 70 W, Cherry Hill, NJ 08002
      View Details
    • Sponsored
      Contact for pricing

      NJ, Cherry Hill - Kings Hwy

      Workspaces, services and support to help you work better in IL, Vernon Hills - Atrium Dr
      1040 Kings Hwy, Cherry Hill, NJ 08034
      View Details
    • Sponsored
      New
      Contact for pricing

      Towne Park at Garden State

      Discover many ways to work your way in RSA Battle House Tower
      923 Haddonfield Rd, Cherry Hill, NJ 08002
      View Details
    • $9 SF/Yr

      Sublease Office Space in Cherry

      Sublease opportunity in Cherry Hill with infrastructure for 700+ employees.
      7 Carnegie Plz, Cherry Hill, NJ 08003
      View Details
    • $1.00 SF/Yr

      Prime Retail Space Available

      2,240 SF retail space in Cherry Hill, NJ.
      2076 Route 70 East, Cherry Hill, NJ 08003
      View Details
    • Contact for pricing
      7,626 SF

      Class AAA Office Space Available

      Premier office space in Cherry Hill's LibertyView Building.
      457 Haddonfield Rd, Cherry Hill, NJ 08002
      View Details
    • $1.00 SF/Yr

      Office Space in Central Business District

      Office space for rent in Cherry Hill's Central Business District.
      1949 Marlton Pike, Cherry Hill, NJ 08003
      View Details

    FAQs

    What type of property is this?
    Shopping center - Centrally located power center with high visibility and convenient access.
    Where is this shopping center located?
    The property is located at 2100 Route 38 Cherry Hill, NJ.
    What are key features of this property?
    This property features: - Centrally located power center in Cherry Hill, NJ with high visibility and convenient access from Route 38.; - Anchored by national brands: Esporta Fitness, Raymour & Flanigan, Total Wine & More, and Aldi.; - Serves a large customer base including Cherry Hill, Moorestown, Marlton, and Pennsauken.
    (561) 835-1810 Call to check price and availability
    Request Owner's contact information
    2100 Route 38 Cherry Hill, NJ
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2100 Route 38
    Cherry Hill, NJ
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2100 Route 38 Cherry Hill, NJ
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kyle Irwin
    (561) 835-1810 (855) 384-6474
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!