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    1990 Nj-70 Cherry Hill, NJ 08003

    Sponsored
    For Lease
    $19 SF/Yr ($4,902 /Mo)

    Prime Medical Office, 3096 SF, 400 Parking

    Lot size:
    3,096 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,096 square foot medical office space is available for lease at 1990 NJ-70 in Cherry Hill, New Jersey, zip code 08003. The property is a single-tenant building, offering complete control and flexibility for the ideal medical practice. Located in a convenient and highly visible location, this space boasts ample parking with 400 spaces available for patients and staff. The building is zoned B2, making it suitable for a wide range of medical uses. The entire 3,096 square feet is currently vacant, presenting a unique opportunity for a business to establish a new presence or relocate to a modern, well-maintained facility. The property's strategic location in Cherry Hill offers easy access to major roadways, ensuring convenient access for patients and employees. This is an excellent opportunity to secure a prime medical office space in a thriving New Jersey community. The property features a single-tenant occupancy, eliminating the complexities of multi-tenant management. With its generous parking and convenient location, this space is poised to attract a significant patient base. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 1990 Nj-70

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,096 SF
    Total Rate
    4902

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,096 SF
    Rate per SF
    $19

    HighLights

    • 3,096 SF medical office space available for lease at 1990 NJ‑70, Cherry Hill, NJ 08003.
    • Single‑tenant building with 400 parking spaces, B2 zoning.
    • Last remaining vacancy in a well‑established retail center on heavily trafficked Route 70. The 3,096 SF space is suitable for fitness, retail, or medical/dental use.
    • Center under new management with planned upgrades including facade, landscaping, parking lot, and LED lighting. Community events planned.
    • Strong co‑tenancy including New Balance, Toscana Restaurant, Xplosive Sports Academy, and Irma's Bridal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Arcade & Gaming Center Carpet & Flooring Store Pet Grooming Service Tattoo & Piercing Shop Florist Locksmith Senior Center Diner Shoe Repair Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Hill
    County
    Camden
    State
    New Jersey
    Longitude
    -74.9532083
    Latitude
    39.8994132

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 3096 SF, 400 Parking
    Where is this medical office located?
    The property is located at 1990 Nj-70 Cherry Hill, NJ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 3,096 SF medical office space available for lease at 1990 NJ-70, Cherry Hill, NJ 08003.; Single-tenant building with 400 parking spaces, B2 zoning.; Last remaining vacancy in a well-established retail center on heavily trafficked Route 70. The 3,096 SF space is suitable for fitness, retail, or medical/dental use.
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    1990 Nj-70 Cherry Hill, NJ 08003
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    Cherry Hill, NJ 08003
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    Realmo Value Estimation

    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.

    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.

    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
    1990 Nj-70 Cherry Hill, NJ 08003
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