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2348 Route 70 W 4,250 SF Retail Building Cherry Hill, NJ 08002 For Sale

Executive Summary
The Hampton Inn by Hilton plan contains 120 rooms. The Residence Inn by Marriott shows 131 rooms on the plan. The restaurant building on the plan is 4,250 square feet. The approvals include a 5 year tax abatement. The restaurant would obtain the liquor license as part of the hotel project.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,250 SF
Building Class
B
Year Built
2028
Construction Status
Proposed
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
11.38 AC
Frontage
401’ on Marlton Pike West
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-00071-01-00002 | Improvements Assessment | $667,617 CAD |
| Land Assessment | $1,683,496 CAD | Total Assessment | $2,351,113 CAD |
Property Taxes
Parcel Number
09-00071-01-00002
Land Assessment
$1,683,496 CAD
Improvements Assessment
$667,617 CAD
Total Assessment
$2,351,113 CAD
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2348 Route 70 W
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