On average, listings lease in the $20's per square foot per year. The Cherry Hill Mall submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 25% rise in rent.
In the last 90 days, 4 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 81,060 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1987 and are Class A.