Rutgers Casualty Bldg 2250 Chapel Ave W 33 150 pi² 100% Loué Bureau Immeuble Cherry Hill, NJ 08002 5 114 520 $ CAD (154,28 $ CAD/pi²)

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.