1409 Marlton Pike Cherry Hill, NJ 08034
- Commercial real estate
- 12.24 lot acres
Current Use by Public Records
- Isalis / Women'S Clothing Store / Jewelry Store
- Party City / Balloon Store / Candy Store
- Skunk Funk / Clothing Store / Corporate Campus
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1409 Marlton Pike
- Year built
- 1970
- Construction
- FRAME
- Lot size
- 12.24 lot acres
- Property type
- Commercial real estate
- APN
- 09 00342- 15-00041
- APU
- 9003421500041
Description
This exceptional Class A retail property, Barclay Farms Shopping Center, located at 1409 Marlton Pike East in Cherry Hill, NJ (08034), Camden County, offers multiple leasing opportunities. Two spaces are currently available, ranging from 5,000 to 45,000 contiguous square feet, making it ideal for a variety of uses. The property is well-suited for retail establishments, restaurants, supermarkets, medical facilities, office spaces, childcare centers, and other institutions. Significant capital improvements are planned, including a complete facade renovation, new tenant monument signage along Route 70, enhanced landscaping, and parking lot upgrades. The strategic location provides excellent visibility and accessibility, with prominent Route 70 pylon signage. Multiple pad site opportunities exist for potential development, and there's a significant opportunity for a large retailer or medical user to expand inline up to approximately 45,000 square feet. This is a prime investment opportunity in a thriving Camden County location. The property is categorized as both a pad site and medical retail space, offering flexibility for diverse tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $14,165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $14,885,000
- 6.5%
- $15,760,000
- 7%
- $17,635,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $14,545,000
- Geo Method
- $14,205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $14,565,000
- Retail
- $13,715,000
- Mixed-Use
- $15,325,000
- Hospitality
- $16,205,000
- Educational
- $12,750,000
- Residential Income
- $16,605,000
- Energy
- $16,715,000
- Income-Based Land
- $15,555,000
- Food Service
- $15,770,000
Location Insight
- Map
- Local Demand
- City
- Cherry Hill
- County
- Camden
- State
- New Jersey
- Longitude
- -74.9963
- Latitude
- 39.9104
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA