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Property profile & analytics
FOR LEASE
Industrial properties

2091 Springdale Rd Cherry Hill, NJ 08003

5.4 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1978117
Property summary
AI-generated overview

This exceptional 3,655-square-foot single-tenant industrial space is ideally located at 2091 Springdale Road, Unit 17, in Cherry Hill, New Jersey, within Camden County (zip code 08003). The property features a 16-foot ceiling height, perfect for various industrial and flex uses. Loading and unloading is facilitated by one 8'x8' loading dock. The interior boasts six individual offices, a reception area, a conference room, a kitchenette, and two restrooms, providing ample space for both work and collaboration. The space is equipped with a dry sprinkler system for enhanced safety. Electrical service is 120/208 Volt, 200 amp with a 100-amp sub-panel. Furniture is available upon request. Building and suite-front signage opportunities are available. High-speed internet access is provided through Comcast and Verizon. The property enjoys convenient access to major roadways, including Routes 70 and 73, the New Jersey Turnpike, and I-295, placing it within 15 minutes of the Tacony-Palmyra and Ben Franklin bridges. A variety of hotels, restaurants, and retail establishments are located nearby. The property is zoned Industrial Restricted (IR) and is available for occupancy at the end of 2024. This one-story building offers a single-tenant occupancy.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1981
Construction CONCRETE BLOCKS
Lot 5.4 ac (235,224 SF)
APN 09 00468- 03-00001
UPID US59-1978117
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.57M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.98M
Owner & transaction history
Wharton Springdale Industrial LLC · 4 yrs held
Wharton Springdale Industrial LLC
since 2021
Last sale
$6.9M
1 recorded transaction
2021
$6.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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