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Pennsylvania Business Campus - 120 Gibraltar Road

Off-Market

120 Gibraltar Road, Horsham, PA 19044

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  • Property Type Office - General Office
  • Property Size 49,023 Sqft
  • Lot Size 5.41 Acre
  • Parking Spaces Avail. 225
  • Parking Ratio 4.60/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1979

Location

  • City Horsham, PA
  • Zip Code 19044
  • Market Philadelphia

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 04 Dec, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Horsham

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Horsham Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.45
  • 2020 Office Vacancy Rate 21.89 %
  • 2020 Office Completions (Sqft)
View more Horsham market trends

Tax

  • Property Tax in 2021-2022 $113,575
  • Market Value $3,162,500
  • Assessed Value $3,162,500

Find more tax info, including assessment history and abatements, on CommercialEdge

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