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41 Kings Hwy N 3,676 SF 100% Leased Office Building Cherry Hill, NJ 08034 $747,324 CAD ($203.30 CAD/SF) 6.50% Cap Rate



Executive Summary
Welcome to this fantastic commercial office space, nestled in the heart of Cherry Hill at 41 Kings Highway N. This remarkable property is now available for sale at $550,000. Upon arrival, you will discover a convenient 18-car parking lot, complete with an accessibility ramp and a 2-car garage, providing ample space for parking and storage. The parking lot ensures a comfortable experience for your visitors and staff, while also accommodating individuals with accessibility needs. The main level features a welcoming reception area, accompanied by two private offices, a large conference room, a dedicated printer room, and a guest bathroom. This level also offers a back door vestibule, leading you to the expansive parking area, further enhancing convenience and accessibility. As you make your way upstairs, you will find two additional private offices, an expansive conference room complete with an attached full bathroom, and a unique design barn doors that reveal a very large open concept office space. This floor also boasts a full open kitchen, ideal for breaks and team gatherings, a second full bathroom, and a splendid second-story outdoor deck, perfect for informal meetings or taking a break. This location is complete with a large basement space for all your storage needs to for additional offices or training space. This prime location offers easy access to routes 70, 73, and 295, and is only a 15-minute drive to Philadelphia, making it a strategic spot for your business operations. Don't let this exceptional opportunity slip away – book your private showing today and let this property become the perfect base for your thriving business. **Make sure to check out the video walk though where you can tour this property just as you would in person, take furniture out and even measure rooms and spaces **
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,676 SF
Building Class
C
Year Built
1966
Price
$747,324 CAD
Price Per SF
$203.30 CAD
Cap Rate
6.50%
NOI
$48,576 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,838 SF
Building FAR
0.22
Lot Size
0.38 AC
Zoning
Commercial - This location is zoned commercial Class C Space. Office space or medical building
Parking
18 Spaces (4.9 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 09-00336-05-00003 | Improvements Assessment | $324,203 CAD |
| Land Assessment | $92,532 CAD | Total Assessment | $416,735 CAD |
Property Taxes
Parcel Number
09-00336-05-00003
Land Assessment
$92,532 CAD
Improvements Assessment
$324,203 CAD
Total Assessment
$416,735 CAD
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Matterport 3D Exterior
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41 Kings Hwy N
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