712 Haddonfield Rd, Cherry Hill, NJ 08002
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Built in 2018, new 10 year corporate lease with AT&T, rated by S&P BBB+ with over 16,000 locations and $161 billion in revenue
Attractive 10% rental increases every five years with 4 x 5 year options
AT&T anchors a new 100% occupied 17,025 square foot strip center highlighted by Habit Burger (Nasdaq: HABT) and MOD Pizza with over 325 locations
Located 7-miles east of Philadelphia in one of the largest retail submarkets serving the MSA
Strategically located on Haddonfield Road (25,704 VPD) which connects Route 38 (48,495 VPD) and Route 70 (69,703 VPD) in just over a mile, both which feed directly into Philadelphia
Shares a signaled intersection with the $500M mixed-use Garden State Racetrack redevelopment which includes 1,694 built/under construction housing units, 700,000 sf of retail anchored by Wegmans Market, Home Depot, Nordstrom Rack, Cheesecake Factory, and Ulta
New Retail to be delivered in 2019 sharing a signaled intersection with AT&T includes Costco, Trader Joe’s, TJ Maxx, and HomeGoods
Situated less than a mile from a top three mall serving the greater Philadelphia MSA, the 1.3 million square foot Cherry Hill Mall with average sales of $647 per square foot, anchored by Nordstrom, Crate & Barrel, Apple, Pottery Barn, and the Container Store as well as a 24 screen AMC Loews Theater on Haddonfield Road
Built in 2018, new 10 year corporate lease with AT&T, rated by S&P BBB+ with over 16,000 locations and $161 billion in revenue
Attractive 10% rental increases every five years with 4 x 5 year options
AT&T anchors a new 100% occupied 17,025 square foot strip center highlighted by Habit Burger (Nasdaq: HABT) and MOD Pizza with over 325 locations
Located 7-miles east of Philadelphia in one of the largest retail submarkets serving the MSA
Strategically located on Haddonfield Road (25,704 VPD) which connects Route 38 (48,495 VPD) and Route 70 (69,703 VPD) in just over a mile, both which feed directly into Philadelphia
Shares a signaled intersection with the $500M mixed-use Garden State Racetrack redevelopment which includes 1,694 built/under construction housing units, 700,000 sf of retail anchored by Wegmans Market, Home Depot, Nordstrom Rack, Cheesecake Factory, and Ulta
New Retail to be delivered in 2019 sharing a signaled intersection with AT&T includes Costco, Trader Joe’s, TJ Maxx, and HomeGoods
Situated less than a mile from a top three mall serving the greater Philadelphia MSA, the 1.3 million square foot Cherry Hill Mall with average sales of $647 per square foot, anchored by Nordstrom, Crate & Barrel, Apple, Pottery Barn, and the Container Store as well as a 24 screen AMC Loews Theater on Haddonfield Road
