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Cherry Hill Commons 500 Rt 38
5,500 SF of Office/Retail Space Available in Cherry Hill, NJ 08002
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
500 Route 38 - 1st Floor
Future pad site of 5,500 SF for lease
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT Cherry Hill Commons
- Tenant
- Description
- US Locations
- Reach
- Dollar Tree
- Dollar/Variety/Thrift
- 10,414
- International
- Gamestop
- Game Store
- 4,213
- International
- GNC
- Nutrition Center
- 3,824
- International
- Jackson Hewitt Tax Service In Walmart
- Acctg/Tax Prep
- 8,516
- National
- Sally Beauty Supply
- Health & Beauty Aids
- 3,307
- International
- Snipes
- Shoes
- 168
- International
| Tenant | Description | US Locations | Reach |
| Dollar Tree | Dollar/Variety/Thrift | 10,414 | International |
| Gamestop | Game Store | 4,213 | International |
| GNC | Nutrition Center | 3,824 | International |
| Jackson Hewitt Tax Service In Walmart | Acctg/Tax Prep | 8,516 | National |
| Sally Beauty Supply | Health & Beauty Aids | 3,307 | International |
| Snipes | Shoes | 168 | International |
PROPERTY FACTS FOR 500 Rt 38 , Cherry Hill, NJ 08002
| Center Type | Power Center | Gross Leasable Area | 263,590 SF |
| Parking | 1,342 Spaces | Total Land Area | 28.70 AC |
| Stores | 20 | Year Built | 1975 |
| Center Properties | 4 | Cross Streets | Cuthbert Blvd |
| Center Type | Power Center |
| Parking | 1,342 Spaces |
| Stores | 20 |
| Center Properties | 4 |
| Gross Leasable Area | 263,590 SF |
| Total Land Area | 28.70 AC |
| Year Built | 1975 |
| Cross Streets | Cuthbert Blvd |
About the Property
Cherry Hill Commons is located on one of the busiest commercial arteries in Southern New Jersey and in close proximity to the vast majority of Paramount Realty’s assets. Among one of its greatest features is the property’s prominent positioning and location given its access and frontage on Route 38 as well as Cuthbert Boulevard, seeing traffic counts combined in excess of 65,000 vehicles per day. Cherry Hill is one of the largest retail submarkets serving the Greater Philadelphia Market, strategically straddling Route 38 and Route 70, both feeder roads to the Ben Franklin Bridge into Philadelphia. Cherry Hill Commons is approximately five miles east of Philadelphia and located among some of the most prominent retail centers in South Jersey including Garden State Park, a 700,000 square foot regional center anchored by Wegmans, Home Depot, and Nordstrom Rack, and the 1.3 million square foot Cherry Hill Mall, anchored by Nordstrom, Crate & Barrel, Apple, Pottery Barn, and the Container Store. The center benefits from over 325,000 residents living within a five-mile radius of the property.
- Bus Line
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
Presented by
Cherry Hill Commons | 500 Rt 38
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