|Status||Sale, Ground Lease|
|Development Opportunity||0.50 AC|
|Demographic||1 Mile||3 Miles||5 Miles|
|Average Household Income||$91,581||$89,683||$91,971|
|Traffic Count||Kaighns Avenue (Route 38) - 47,714 A.D.T.|
Cherry Hill is a township within Camden County, in the U.S. state of New Jersey and is a suburb of Philadelphia and is part of the Delaware Valley metropolitan statistical area. With the decline of downtown Camden, it has become an edge city and one of the region’s main commercial centers. Cherry Hill is part of the Delaware Valley metropolitan statistical area, which also includes Philadelphia, Camden, and other urban areas.
Cherry Hill is a corporate and employment hub. The township is the headquarters of TD Bank, N.A., whose $350 billion in deposits in 2021 made it the eighth largest U.S. bank by deposits. Melitta USA has its coffee roasting plant in the township. The Courier-Post, the fifth-largest New Jersey-based newspaper, is published in Cherry Hill. Subaru of America’s headquarters was also located in the township until 2018. Cherry Hill Mall, a principal shopping center in the Philadelphia metropolitan area, was the first enclosed shopping mall in the eastern United States, opening in October 1961.
• Shared access to Lidl and adjacent Walmart power center (Cherry Hill Commons)
• Access from Route 38 and Cuthbert Boulevard
• Route 38 boasts 47,714 Automobiles Daily Traveled
• Development opportunity; well-situated in the heart of regional Cherry Hill market
• Potential shared signage opportunity
• High daytime population in the Golden Triangle with Lidl