On average, listings lease in the $30's per square foot per year. The Village of Cherry Hill submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 4 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this region are around 3 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of Village of Cherry Hill work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.