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2250 Chapel Ave W
Cherry Hill, NJ 08002
Rutgers Casualty Bldg · Bureau Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime Cherry Hill location near major highways
- Value-add or redevelopment opportunity
- Zoned for medical, daycare, assisted living
RÉSUMÉ DE L'ANNONCE
2250 Chapel Avenue presents a compelling value-add or redevelopment opportunity in the heart of Cherry Hill, New Jersey. This ±29,311 square foot office building is strategically positioned between NJ Route 70 and NJ Route 38, just 6.5 miles from the Benjamin Franklin Bridge, offering seamless access to Philadelphia and the broader South Jersey region.
The property sits on a generous 3.36-acre parcel with 711 feet of frontage along Chapel Avenue, enhancing visibility and accessibility. Zoned O1 – Limited Office, the site supports a wide range of professional uses including medical offices, daycare centers, assisted living facilities, and other institutional or service-oriented tenants. With ±155 surface parking spaces, the asset is well-equipped to support high-traffic operations.
Currently 91% leased, the building generates excellent in-place cash flow while offering upside through lease-up of remaining space or repositioning. The surrounding area is a vibrant commercial corridor with proximity to major retail centers, restaurants, hotels, and corporate office parks. Demographics within a 1-mile radius show a household income of $118,210, rising to $116,840 within 3 miles, underscoring the area's affluence and stability.
This offering is ideal for investors seeking stable income with future redevelopment potential or owner-users looking to establish a presence in a prime South Jersey location.
The property sits on a generous 3.36-acre parcel with 711 feet of frontage along Chapel Avenue, enhancing visibility and accessibility. Zoned O1 – Limited Office, the site supports a wide range of professional uses including medical offices, daycare centers, assisted living facilities, and other institutional or service-oriented tenants. With ±155 surface parking spaces, the asset is well-equipped to support high-traffic operations.
Currently 91% leased, the building generates excellent in-place cash flow while offering upside through lease-up of remaining space or repositioning. The surrounding area is a vibrant commercial corridor with proximity to major retail centers, restaurants, hotels, and corporate office parks. Demographics within a 1-mile radius show a household income of $118,210, rising to $116,840 within 3 miles, underscoring the area's affluence and stability.
This offering is ideal for investors seeking stable income with future redevelopment potential or owner-users looking to establish a presence in a prime South Jersey location.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Condition de vente
Projet de redéveloppement
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
33 150 pi²
Classe d’immeuble
B
Année de construction
1983
Prix
4 985 676 $ CAD
Prix par pi²
150,40 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
16 575 pi²
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
0,24
Taille du lot
3,18 AC
Zonage
O1 - Zone de bureaux limitée. Permet des usages médicaux, garderies, résidences assistées et autres usages professionnels.
Stationnement
180 places (4,98 places par 1 000 pi² loué)
COMMODITÉS
- Ligne d'autobus
- Gestionnaire d'immeuble sur place
- Affichage
Impôts fonciers
| Numéro de lot | 09-00285-23-00001 | Évaluation des bâtiments | 2 069 336 $ CAD |
| Évaluation du terrain | 1 516 150 $ CAD | Évaluation totale | 3 585 487 $ CAD |
Impôts fonciers
Numéro de lot
09-00285-23-00001
Évaluation du terrain
1 516 150 $ CAD
Évaluation des bâtiments
2 069 336 $ CAD
Évaluation totale
3 585 487 $ CAD
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