5 Executive Campus
Cherry Hill, NJ 08002
Office Property For Sale

Property tours are available by appointment ONLY. Please contact Stephen Simonelli to schedule at ssimonelli@hfflp.com or 973-549-2035. Investment Highlights: ñ66,703 SF two story office building in Cherry Hill ñ100% occupied with short term lease expiration reducing occupancy to 65.73% Value-add opportunity through lease up of the available 22,860 SF vacant as of May 2018 Weighted average in-place rents and CAM reimbursement of $22.83 PSF Cherry Hill premier office location ideal for suburban Philadelphia commuters and families Strong local amenities and demographics to support long-term office demand Investment Overview: 5 Executive Campus (the "Property") is a ñ66,703 SF, two-story office building located proximate to State Road 70 in Cherry Hill, Camden County, New Jersey, less than fifteen minutes from Center City Philadelphia. Constructed in 1979, the two-story 5 Executive Campus, contains 66,703 rentable square feet and is currently 100% occupied. The building sits on 5.73 acres and features multiple entrances, including a private first floor entrance for Social Security. Ample parking is dispersed around the exterior with 291 parking spaces (a parking ratio equa Ample parking is dispersed around the exterior with 291 parking spaces (a parking ratio equal 4.36 to 1,000 square feet) including eight handicap parking spaces. The first floor has 31,847 rentable square feet and the second floor has 34,856 rentable square feet. The building contains three sets of stairs and two passenger elevators. The Property has exclusively government tenancy effectively reducing collection risk to zero and significantly minimizing any additional vacancy risk. Currently, the Property is ñ100% occupied by offices of both the federal (Social Security Administration) and state (Camden County and N.J. Department of Law) government. The U.S. General Services Administration lease expires in May 2018 allowing for additional value add opportunity to lease up the vacant space at market rates. The Property offers tenants exceptional access to public transportation, major roadways, and retail amenities. The building is within walking distance of the Cherry Hill NJ Transit station, which offers service to Philadelphia within 30 minutes and is across the street from an NJ Transit bus stop. In addition, 6 Executive Campus is directly adjacent to State Route 70, just on