STARTING BID $4,500,000 | 121,000 SF, 7-Story Class A Office Building, +-85% occupied, Philadelphia MSA | AUCTION MARCH 24-26, 2025
- LOCATION, LOCATION, LOCATION! Diagonally across from the Cherry
- Hill Mall (1.3 million SF) and 38,000 VPD Traffic Count
- Priced to sell substantially below replacement cost
- Value-Add, +-85% occupied, risk spread out among (17) Tenants
- Headquarter location for multiple Law Firms and Professional Organizations
- Located in affluent Cherry Hill, NJ the #1 Office Suburban Office market in close proximity to Philadelphia
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2274
Marcus & Millichap in conjunction with RealInsight Marketplace, is pleased to offer for sale Liberty View, 457 Haddonfield Road, Cherry Hill, NJ , a best-in-class, 7 story office building comprising 121,000 SF.
Liberty View tenants include multiple law firms, financial services, medical tenants, with risk spread out among (17) tenants, and at +- 85% occupancy, provides upside in leasing the vacant space. Mature office market with over 6 MSF of total inventory and high barriers of entry.
Prime location at the junction of Haddonfield Road and Route 38, diagonally across from the Cherry Hill Mall (1.3 million SF) with other nearby national retailers including Target, Kohl's, and Hobby Lobby and 7 miles to center city Philadelphia. Easy access and great exposure with Haddonfield Road over 38,000 cars/day and Route 38 has over 58,000 cars/day.
475 parking spaces on 5.07 acres of land and excellent demographics with over 304,000 people within 5 miles and a 1-mile average household