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950 Kings Highway North
Cherry Hill Township, NJ 08034
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B
What's Special
Low Basis, Office/Medical, 15% Occupied <ul><li><span style="color: rgba(0, 0, 0, 1)">Value-add / owner-user opportunity: approximately 15% leased; immediate upside via lease-up or occupancy.</span></li><li><span style="color: rgba(0, 0, 0, 1)">Flexible zoning: O-2 zoning supports office, medical, and research uses.</span></li><li><span style="color: rgba(0, 0, 0, 1)">Prime Cherry Hill location: near major retail, dining, and top healthcare providers.</span></li><li><span style="color: rgba(0, 0, 0, 1)">Efficient floor plates: 10,
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547