Sale of 12,000 +/- SF Retail, Cherry Hill, NJ
Rose Commercial Real Estate Negotiates Sale of 12,000 +/- SF Furniture Showroom in Cherry Hill for $1.2 Million
Property Type: Freestanding Retail
Property Size: 12,000 +/- square feet
Lot Size: .43 acres
Seller: 1604 Route 70 LLC
Seller Broker: Adam Rose, President/Michelle Marinello, Director Sales & Marketing, Rose Commercial Real Estate
Buyer: Ilkem Marble & Granite Inc.
Details: The Rose Commercial Real Estate team of Adam Rose and Michelle Marinello joined forces to negotiate the sale of the 12,000 +/- Unique Interiors furniture showroom, a mainstay in South Jersey for nearly 40 years. Located at 1604 Marlton Pike (Route 70) West in the heart of Cherry Hill, the freestanding retail property sits amid national retailers, car dealerships and dining establishments with traffic counts exceeding 55,000 cars per day. These are just two of the key features that made it a prime location for buyer, Ilkem Marble & Granite, another well-known local business seeking further expansion. “Representing the sellers of this long-standing family-owned business was bittersweet,” said Rose in referring to Bob and Kathy Deniken, who had decided it was time to retire. “We appreciate their trust when it came time to make such a personal and difficult decision to sell.” The transaction closed at the end of 2024 for $1,200,000.
