What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Horsham commercial real estate market incorporates 4,800,910 square feet of office space across 58 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Horsham commercial real estate market includes 515,907 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Horsham market, there is a total of 1,051,208 square feet of industrial property.

What types of commercial real estate are available in Horsham, PA?

The largest share of commercial real estate space for lease in Horsham is represented by Office space , which accounts for 387,838 square feet of available listings. Retail space available in Horsham adds up to 10,880 square feet.

What factors affect the price of commercial real estate in Horsham, PA?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What are the best areas for commercial real estate in Horsham, PA?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Horsham, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Horsham is in the Willowbrook neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Willowbrook area . Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Willowbrook . Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24 per square foot. Conversely, the highest sale price last year was $15,771,250 that is located at 200 Precision Drive.

What is the average size of a commercial property in Horsham, PA?

The average size of a commercial property in Horsham depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Horsham, the average size of an office property is 82,774 square feet. Retail properties here incorporate an average of 85,985 square feet. Industrial space in Horsham is in buildings that are, on average 131,401 square feet in size.

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72 Commercial Real Estate Listings in Horsham, PA

CRE Market Stats

Pennsylvania Business Campus - 767 Electronic Drive

767 Electronic Drive, Horsham, PA
For Lease

Contact for pricing
Property

Office

45,000 SF
Availability

1 Space

33,965 SF
Year Built

1996
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110 Gibraltar Rd

110 Gibraltar Rd, Horsham, PA
For Lease

Contact for pricing
Property

Office

59,429 SF
Availability

1 Space

1,965 SF
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Horsham Business Center - 1155 Business Center Drive

1155 Business Center Drive, Horsham, PA
For Lease

Contact for pricing
Property

Office

51,388 SF
Availability

4 Spaces

10,944 SF
Year Built

1989
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Office Space Available

400 Horsham Road, Horsham, PA
For Lease

Contact for pricing
Property

Office

150,000 SF
Availability

2 Spaces

14,397 SF
Year Built

1972
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Sunoco

300 Easton Rd, Horsham, PA
For Sale

$2,300,000
Property

Other

2,448 SF
Year Built

1955
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5 Walnut Grove Drive

5 Walnut Grove Drive, Horsham, PA
For Lease

$17.50/SF/YR
Property

Office

105,000 SF
Availability

3 Spaces

37,074 SF
Year Built

2000
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800 Enterprise Road

800 Enterprise Road, Willowbrook, Horsham, PA
For Lease

Contact for pricing
Property

Office

53,000 SF
Availability

1 Space

7,405 SF
Year Built

2002
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Witmer Plaza

601 Dresher Road, Horsham, PA
For Lease

Contact for pricing
Property

Office

41,752 SF
Availability

4 Spaces

15,657 SF
Year Built

1988
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702 Electronic Drive

702 Electronic Drive, Horsham, PA
For Lease

Contact for pricing
Property

Office

41,628 SF
Availability

1 Space

15,028 SF
Year Built

1983
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Horsham Business Center - 650 Dresher Road

650 Dresher Road, Horsham, PA
For Lease

Contact for pricing
Property

Office

30,071 SF
Availability

1 Space

30,071 SF
Year Built

1985
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Pennsylvania Business Campus - 4 Walnut Grove

4 Walnut Grove Drive, Horsham, PA
For Lease

Contact for pricing
Property

Office

109,700 SF
Availability

3 Spaces

109,700 SF
Year Built

1998
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655-800 Business Center Drive

655 Business Center Drive, Horsham, PA
For Lease

Contact for pricing
Property

Office

149,992 SF
Availability

4 Spaces

73,627 SF
Year Built

1986
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Vacant Space Next to Sunoco

300 #B Easton Rd , Horsham Rd, PA
For Lease

$3,500.00/MO
Property

Retail

780 SF
Availability

1 Space

780 SF
Year Built

1955
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129 Easton Rd

129 Easton Rd, Horsham, PA
For Lease

Contact for pricing
Property

Retail

9,200 SF
Availability

2 Spaces

9,200 SF
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721 Dresher Road

721 Dresher Rd, Horsham, PA
For Lease

$22.50 - $24.00/SF/YR
Property

Office

24,192 SF
Availability

2 Spaces

6,029 SF
Year Built

1994
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1 Progress Drive

1 Progress Drive, Willowbrook, Horsham, PA
For Lease

Contact for pricing
Property

Office

79,204 SF
Availability

1 Space

31,976 SF
Year Built

1986
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Horsham Point

314 Horsham Road, Horsham, PA
For Lease

Contact for pricing
Property

Retail

71,737 SF
Availability

1 Space

900 SF
Year Built

1997
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Off Market
Pennsylvania Business Campus - 120 Gibraltar Road

120 Gibraltar Road, Horsham, PA
Property

Office

49,023 SF
Year Built

1979
Off Market
Pennsylvania Business Campus - 747 Dresher Road

747 Dresher Road, Horsham, PA
Property

Office

53,200 SF
Year Built

1989
Off Market
795 Horsham Road

795 Horsham Road, Horsham, PA
Property

Office

112,772 SF
Year Built

1982
Off Market
425 Privet Road

425 Privet Road, Horsham, PA
Property

Office

120,290 SF
Year Built

1970
Off Market
Janssen Biotech 850

850 Ridgeview Drive, Willowbrook, Horsham, PA
Property

Office

89,718 SF
Year Built

1997
Off Market
410 Horsham Road

410 Horsham Road, Horsham, PA
Property

Office

88,045 SF
Year Built

1990
Off Market
900 Business Center Drive

900 Business Center Drive, Horsham, PA
Property

Office

69,576 SF
Year Built

1986
Off Market
Asplundh Headquarters

708 Blair Mill Road, Willow Grove, PA
Property

Office

95,343 SF
Year Built

1973
Off Market
Toll Brothers Headquarters

250 Gibraltar Road, Horsham, PA
Property

Office

203,000 SF
Year Built

1984