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The Tuscany Marketplace 1990 Rt 70 E
2,891 - 5,987 SF of Retail Space Available in Cherry Hill, NJ 08003
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,096 SF | Negotiable | $26.72 CAD/SF/YR $2.23 CAD/SF/MO $287.63 CAD/m²/YR $23.97 CAD/m²/MO $6,894 CAD/MO $82,730 CAD/YR | Triple Net (NNN) | ||
| 1st Floor | 2,891 SF | Negotiable | $26.72 CAD/SF/YR $2.23 CAD/SF/MO $287.63 CAD/m²/YR $23.97 CAD/m²/MO $6,438 CAD/MO $77,252 CAD/YR | Triple Net (NNN) |
1990 E Route 70 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1990 E Route 70 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1990 Rt 70 E , Cherry Hill, NJ 08003
| Center Type | Neighborhood Center | Frontage | 300’ on Marlton |
| Parking | 400 Spaces | Gross Leasable Area | 58,622 SF |
| Stores | 14 | Total Land Area | 7.33 AC |
| Center Properties | 1 | Year Built | 1981 |
| Center Type | Neighborhood Center |
| Parking | 400 Spaces |
| Stores | 14 |
| Center Properties | 1 |
| Frontage | 300’ on Marlton |
| Gross Leasable Area | 58,622 SF |
| Total Land Area | 7.33 AC |
| Year Built | 1981 |
About the Property
- Last remaining vacancy in well-established retail center located on heavily trafficked Route 70 on the heart of Cherry Hill. The +/- 3,096 SF former dance studio is ideal for any fitness-type user, general retail, or a medical/dental office - The center is under new management with plans to upgrade and renovate much of the facade, landscaping, and pavers. Additional upgrades/ renovations include LED lighting, parking lot repaving, common area improvements, among others. New ownership is also planning to host community centered events at the complex - The center is home to a diverse roster of co-tenants including New Balance, Toscana Restaurant of Cherry Hill, Xplosive Sports Academy and Irma’s Bridal among others
- Courtyard
- Pylon Sign
Nearby Major Retailers
-
Leor Hemo -
Emily Stein -
Ken Richardson -
Vantage Real Estate Services
Presented by
The Tuscany Marketplace | 1990 Rt 70 E
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