Route 38 Development Assemblage

Investment Overview

A rare contiguous assemblage along the highly traveled Route 38 commercial corridor in Cherry Hill, New Jersey. The core offering consists of four adjoining parcels totaling approximately 1.12 acres, providing an opportunity to assemble and reposition the properties for a new commercial development. The potential addition of 1515 Route 38 (Lot 15) would increase the overall site to approximately 1.71 acres, substantially enhancing the property's redevelopment potential, site-planning flexibility and overall marketability. The assemblage offers a strategic opportunity for a developer, investor or owner-user seeking a visible location along one of Cherry Hill's primary commercial corridors.

Investment Highlights

• The property's primary value is its potential to combine multiple individually owned parcels into a larger Route 38 commercial development site.
• The assemblage should be marketed primarily on the basis of its combined land area, Route 38 exposure, Cherry Hill location and redevelopment potential, rather than based solely upon the value or existing improvements of the individual parcels.