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Cambridge Crossing - 1020 Briggs Road

Off-Market

1020 Briggs Road, Mount Laurel, NJ 08054

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  • Property Type Office - General Office
  • Property Size 35,252 SF
  • Lot Size 5.1 Acre
  • Parking Spaces Avail. 112
  • Parking Ratio 3.20/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1999

Location

  • Walk Score ® Car-Dependent (30)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Mount Laurel, NJ
  • Neighborhood Mount Laurel
  • Zip Code 08054
  • Market Philadelphia

Points of Interest

Riverside

5.63 miles

Delanco

5.93 miles

Cinnaminson

6.18 miles

Beverly–Edgewater Park

6.23 miles

Riverton

6.56 miles

Palmyra

6.84 miles

Burlington South

7.28 miles

Pennsauken–Route 73

7.57 miles

Burlington Towne Centre

7.59 miles

Cherry Hill

8.14 miles

Costco Gasoline

0.45 miles

Lukoil

0.66 miles

Royal Farms

1.09 miles

Wawa

1.17 miles

Exxon

1.46 miles

Mount Laurel Road Citgo

1.82 miles

Romano's

2.37 miles

Shell

4.08 miles

Wawa

4.18 miles

Wawa

4.19 miles

Lot 14

0.13 miles

Lot 13

0.13 miles

Lot 6

0.18 miles

Lot 7

0.19 miles

Lot 11

0.20 miles

Lot 9

0.22 miles

Lot 12

0.22 miles

Overflow Parking

0.23 miles

Lot 5

0.25 miles

Lot 10

0.28 miles

Residence Inn

0.34 miles

Spring Hill Suites by Marriott

1.15 miles

Homewood Suites by Hilton Philadelphia/Mt.Laurel

3.74 miles

DoubleTree Suites by Hilton Mt. Laurel

4.01 miles

Clarion Hotel & Suites

4.20 miles

The Westin Mount Laurel

4.21 miles

Super 8 by Wyndham Mount Laurel

4.22 miles

Aloft Mount Laurel

4.23 miles

The Hotel ML

4.28 miles

Knights Inn Mount Laurel

4.32 miles

Roly Poly Sandwiches

0.15 miles

LaScala's Pronto

0.15 miles

Ruby Today

0.21 miles

Smoothie King

0.26 miles

Così

0.26 miles

Dunkin'

0.27 miles

Bhan Thai

0.28 miles

Panchero's Mexican Grill

0.29 miles

RCBC Dining Hall

0.29 miles

Wendy's

0.57 miles

Rowan College at Burlington County

0.31 miles

Campus Quad

0.31 miles

Creme de la creme

0.96 miles

Heritage Christian Academy School

1.07 miles

Bancroft School - Welsh Campus

1.14 miles

Pleasant Valley Nursery School

1.23 miles

Larchmont Elementary School

1.26 miles

South Valley Elementary School

1.64 miles

Britt School

1.97 miles

Hartford School

1.98 miles

The Goddard School - Mount Laurel

0.38 miles

Adath Emanu-El Early Childhood Center

2.92 miles

The Schoolhouse Nursery School and Kindergarten

3.68 miles

Gauls Nursery

5.15 miles

The Goddard School

5.37 miles

The Learning Experience

5.83 miles

Kindercare Learning Center School

5.94 miles

Chesterbrook Academy Preschool

8.02 miles

Loida Development Center II

9.10 miles

Hispanic Daycare Pre-School Center

9.29 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 03 Jun, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Mount Laurel

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 Mount Laurel Office Market

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

  • 2020 Avg. Asking Rent $21.59
  • 2020 Office Vacancy Rate 13.73%
  • 2020 Office Completions (SF) 27,600

Mount Laurel Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $120.97
  • 2020 Office Sales Volume $82.2M
  • 2020 Number of Transactions 6
View more Mount Laurel market trends

Tax

  • Base Tax $86,500
  • Market Value* $3,116,000
  • Assessed Value $3,116,000

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Cambridge Crossing - 1020 Briggs Road?

Cambridge Crossing - 1020 Briggs Road totals 35,252 square feet.

When was this property built?

Cambridge Crossing - 1020 Briggs Road was built in 1999.

When was Cambridge Crossing - 1020 Briggs Road last sold?

Cambridge Crossing - 1020 Briggs Road was last sold on 03 Jun, 2016.

What is the market value for Cambridge Crossing - 1020 Briggs Road?

The market value* for Cambridge Crossing - 1020 Briggs Road in 2022 was $3,116,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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