Restaurant Building with Road
For Lease
$17,176/Mo
2458 Route 38, Cherry Hill, NJ
The existing restaurant property is offered in its current condition for rehabilitation.
Space Size5,424 SF
Days on Market244
Property Features for 2458 Route 38
General Information
Standard status
Active
Size
5,424 SF
Net Rentable
5,424 SF
Space & Availability
Available Space
5,424 SF
Contiguous Space
5,424 SF
Space Use
Restaurant
Site & Location
Frontage
334 ft
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
5,424 SF
Listing Agency:
MLS Direct
Listed By:
Kevin Wallace · License #8934519
(856) 857-1800
Source:
Exprealty
Added: Feb 26
Changed: Oct 25
Last Checked: Oct 26 at 5:39PM
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 MLS Direct
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Investment Insights
Based on property information with market context.
The property contains a 5,424-square-foot restaurant building offered as-is for rehabilitation. Its existing restaurant configuration may be adapted for another business use.
The site fronts Route 38, with 334 feet of road frontage, and is positioned between two U-turns, the Route 38 circle, and the Mill Street traffic light. Retailers and food-service businesses in the surrounding area include Wawa, McDonald’s, Outback Steakhouse, Wendy’s, and M&T Bank. The property is on a route connecting Cherry Hill and Moorestown malls and serving travel toward Philadelphia.
The site encompasses Lots 1, 2, and 3, with a permanent easement on Lot 4 that can provide additional parking. On-site parking is also available.
The site fronts Route 38, with 334 feet of road frontage, and is positioned between two U-turns, the Route 38 circle, and the Mill Street traffic light. Retailers and food-service businesses in the surrounding area include Wawa, McDonald’s, Outback Steakhouse, Wendy’s, and M&T Bank. The property is on a route connecting Cherry Hill and Moorestown malls and serving travel toward Philadelphia.
The site encompasses Lots 1, 2, and 3, with a permanent easement on Lot 4 that can provide additional parking. On-site parking is also available.
Key Highlights
- 5,424‑square‑foot restaurant building offered as‑is for rehabilitation
- 334 feet of frontage on Route 38
- Property includes Lots 1, 2, and 3
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 17%
Beauty & Spa 3%
7-Eleven
Shops & Services
6,942 visits/mo
0.2 miles
Chase Bank
Shops & Services
4,515 visits/mo
0.3 miles
Kung Fu Tea
Dining
2,521 visits/mo
0.4 miles
Supercuts
Beauty & Spa
485 visits/mo
0.3 miles
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The existing restaurant property is offered in its current condition for rehabilitation.
Where is this conventional restaurant located?
The property is located at 2458 Route 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: 5,424‑square‑foot restaurant building offered as‑is for rehabilitation; 334 feet of frontage on Route 38; Property includes Lots 1, 2, and 3
