Average Rent for Office Space in Cherry Hill, NJ
Rents for offices in Cherry Hill range between $11.95 and $22.11 per square foot, with the market-wide average currently at $19.15 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Cherry Hill, NJ
The Cherry Hill, NJ market currently features 129 distinct office spaces available for lease, totaling approximately 394,203 square feet.
Local inventory includes subtypes such as General Office with 72 listings, as well as other property types such as Medical Office and Flex - Office.
Available office spaces range from 375 square feet to 18,163 square feet, with an average size of 3,257 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
634,621
16.7%
50k to 100k Sq. Ft.
529,286
13.93%
100k to 500k Sq. Ft.
2,636,250
69.37%
Of the office inventory in Cherry Hill, 2 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 31 buildings were developed between 1975 and 2000, while the remaining 9 date prior to 1975.
Cherry Hill, NJ Office Market Breakdown
The office market in Cherry Hill, NJ comprises 49 buildings totaling 3.8 million square feet.
Class A and A+ properties make up 6.6% of the office market in Cherry Hill, while Class B properties total 77.36% of the market and Class C properties take up the remaining 16.04%.
Range
Total Square Feet
Share of Total Office
Class A
257,308
6.77%
Class B
2,910,044
76.58%
Class C
632,805
16.65%
The market offers substantial flexibility in space configuration, with spaces reaching up to 18,163 square feet and an average square footage of 3,257 across all spaces located here.