For Auction

121,000 SF, 7-Story Class A Office Building, +-85% occupied, Philadelphia MSA

457 Haddonfield Road,
Cherry Hill, NJ 08002

Asset Snapshot

Real Estate
Asset Type
Office
Property Type
$1,604,903
NOI
1990
Year Built
7
Floor Count
322
Parking Spots
5.07 Acres
Land Area
85.86%
Occupancy
121,694 SF
Property Size

Offering Summary

OPEN HOUSE- Wednesday, April 2nd, 11:00 am-2:00 pm. Please contact broker to schedule.

Investment Highlights

  • Attractive Value Proposition: Priced substantially below replacement cost, Liberty View offers a compelling value-add opportunity with approximately 85% occupancy spread across 17 diverse tenants—including leading law firms, professional organizations, financial services, and medical practices.
  • Best-in-Class & Prominent: Recognized as the tallest and most prominent office building in the area, Liberty View sets the benchmark for quality and design.
  • Prestigious Location: Situated in the coveted Cherry Hill Retail Corridor—nestled between PREIT's Cherry Hill Mall and Edgewood's Town Place at Garden State Park—this prime address attracts both top-tier office occupants and investors seeking exceptional value.
  • High Visibility & Traffic: Located diagonally across from the 1.3 million SF Cherry Hill Mall, with Haddonfield Road witnessing 38,000 vehicles/day and Route 38 over 58,000 vehicles/day, ensuring maximum exposure and accessibility.
  • Robust Market Fundamentals: Located in affluent Cherry Hill, NJ—the top suburban office market near Philadelphia—with a mature office market boasting over 6 MSF of total inventory and high barriers to entry.
  • Additional Features:
    • 322 parking spaces on 5.07 acres
    • Excellent local demographics with over 304,000 people within a 5-mile radius and a 1-mile average household income exceeding $104,000
 

Offering Summary

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 income over $104,000.

Please reach out to Steven Rock, O: (914) 220 9751 | E: Steven.Rock@marcusmillichap.com for financing consultation.

Due Diligence

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Auctioneer

Peter Costanzo
c/o Fisher Auction Company, Inc.
License: BK No. 8910502

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Investment Sales Brokers

Alan Cafiero
Marcus & Millichap
NJ License: 0791092
Chez Eider
Marcus & Millichap
NJ License: 1863116
Ian Grusd, CCIM SIOR
Marcus & Millichap
NJ License: 9233895
Brent Hyldahl
Marcus & Millichap
NJ License: 1541064

Debt Placement Broker

Steven Rock
Marcus & Millichap Capital Corp

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.