1410 Nj-38 Cherry Hill, NJ 08002
This exceptional retail property, located at 1410 NJ-38 in Cherry Hill, New Jersey, presents a lucrative investment opportunity. The 2,400 square foot building sits on a 0.43-acre lot and is priced at $650,000, translating to $270.83 per square foot. Built in 1980, this single-story structure boasts a prime location at a high-profile, signalized intersection of Route 38 and Chapel Avenue, ensuring excellent visibility and accessibility. Traffic counts exceeding 56,000 ADT further underscore the property's strategic positioning within a high-population-density area abundant with daytime generators. The property is currently configured as a restaurant shell and is zoned B2, offering flexibility for a variety of uses. The existing infrastructure, combined with its location in the top-tier trade area of Cherry Hill, makes this a compelling investment prospect. The property is offered with a ground lease. This turnkey opportunity is ideal for savvy investors seeking a high-return investment in a thriving New Jersey market. The property's versatility, combined with its prominent location and strong traffic counts, makes it an exceptional addition to any portfolio. Don't miss this chance to acquire a well-positioned retail space in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.