Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Cherry Hill Title is generated by Realmo AI

    2240 Marlton Pike West, Cherry Hill Township, NJ

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prominent retail destination in Cherry Hill, New Jersey.

    Type:RETAIL
    Property size:
    5,000 SF
    Lot size:
    41.74 Acres
    Added:
    Oct 7, 2025
    Days on Market:
    228
    Last Refresh:
    Apr 5 at 10:39 pm

    Property Features for 2240 Marlton Pike West

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    41.74 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 2240 Marlton Pike West Contact us

    We can help!

    Listing Contact
    Michael Reigner
    Michael Reigner

    Listing agent Michael Reigner

    Listing office Kimco Realty - Corporate

    Listing date Oct 7, 2025

    Source Moodyscre

    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 Kimco Realty - Corporate

    HighLights

    • Prominent retail destination
    • Located in Cherry Hill, New Jersey
    • Garden State Pavilions
    • Retail property

    Overview

    Located in Cherry Hill, New Jersey, this retail space is situated within the Garden State Pavilions. The property offers 5000 square feet of space suitable for retail purposes.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Towne Place at Garden State Park — 999 Haddonfield Rd, Cherry Hill, NJ 08002
    • Sunglass Hut at Macy's — 2130 NJ-70, Cherry Hill, NJ 08002
    • fi.d.o — Petco, 850 Garden Park Blvd, Cherry Hill, NJ 08002
    • Market Place at Garden State Park — Marlton Pike W, Cherry Hill, NJ 08002
    • Market Place at Garden State Park — Olden Triangle, Cherry Hill, NJ 08002

    Map

    City
    Cherry Hill Township
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0261
    Latitude
    39.9312

    Nearby Similar for Lease

    • Contact for pricing
      80,000 SF

      Cherry Hill Office Space

      80,000 sq ft office building for lease.
      7 Carnegie Plaza, Cherry Hill Township, NJ, 08003
      View Details
    • Contact for pricing
      7,500 SF

      Available Warehouse Space for Lease

      7,500 SF warehouse space with loading dock and office.
      1960 Old Cuthbert Rd, Cherry Hill Township, NJ
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Cherry Hill

      Retail destination in Cherry Hill, New Jersey, available for rent.
      1110 S Cornell Ave, Cherry Hill Township, NJ
      View Details
    • $22 SF/Yr

      Office Space in Towne Place

      Office space in hi-tech area near affluent Southern New Jersey.
      923 Haddonfield Rd, Cherry Hill Township, NJ 08002
      View Details
    • $19 SF/Yr

      Commercial Property for Lease

      Commercial property available for lease in Cherry Hill Township.
      1990 NJ-70, Cherry Hill Township, NJ 08003
      View Details
    • Contact for pricing
      3,950 SF

      Retail Space For Lease

      Retail space available for lease on Haddonfield-Berlin Rd.
      1506 Haddonfield-Berlin Rd, Cherry Hill Township, NJ 08003
      View Details
    • Contact for pricing
      1,000 SF

      Flex Space Unit For Rent

      1,000 SF flex space with drive-in and office.
      1879 Old Cuthbert Rd, Cherry Hill Township, NJ 08034
      View Details
    • Contact for pricing
      30,000 SF

      Cherry Hill Office Building

      Three-story office building with suites available for lease.
      523 Hollywood Ave, Cherry Hill Township, NJ 08002
      View Details
    • Contact for pricing
      96,000 SF

      Cherry Hill Office Building

      96,000 SF office building near Philadelphia and Cherry Hill Mall.
      51 Haddonfield Rd, Cherry Hill Township, NJ 08002
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prominent retail destination in Cherry Hill, New Jersey.
    Where is this shopping center located?
    The property is located at 2240 Marlton Pike West Cherry Hill Township, NJ.
    What are key features of this property?
    This property features: Prominent retail destination; Located in Cherry Hill, New Jersey; Garden State Pavilions
    (516) 869-9000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Reigner
    Michael Reigner
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2240 Marlton Pike West, Cherry Hill Township, NJ
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!