Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 Gibraltar Rd Horsham, PA

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available near Upper Dublin Promenade and 555 Flats.

    Type:OFFICE
    Property size:
    17,818 SF
    Lot size:
    5.41 Acres
    Added:
    Aug 29, 2025
    Days on Market:
    215
    Last Refresh:
    Mar 29 at 8:09 pm

    Property Features for 120 Gibraltar Rd

    General Information

    Standard status
    Active
    Size
    17,818 SF
    Lot size
    5.41 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 120 Gibraltar Rd Contact us

    We can help!

    Listing Contact
    Douglas Himmelreich
    Douglas Himmelreich

    Listing agent Douglas Himmelreich

    Listing office Workspace Property Trust - Corporate

    Listing date Aug 29, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Workspace Property Trust - Corporate

    Overview

    Horsham Office Space For Rent

    This office space, encompassing 17,818 square feet, is located in Horsham, PA. The property features an onsite beer garden at 100 Lakeside. It is situated less than a mile from the Upper Dublin Promenade, offering opportunities to live, shop, and dine. Luxury living is also available less than a mile away at the 555 Flats. Additionally, there are five daycare facilities within a 5-minute drive of the office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eastern Exterior Wall ... Industrial Manufacturer TriMech (Bike/Boat/Book/etc) Store Rosenbloom Law Group ... Law Firm RHA Health Services ... Social Service Agency Selene Finance LP Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Horsham
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1349
    Latitude
    40.1731

    Nearby Similar for Lease

    • Contact for pricing

      Horsham Office Space For Lease

      3000 sq ft office space in Horsham, PA.
      1250 EASTON Road unit: 101, HORSHAM, PA 19044
      View Details
    • Contact for pricing

      Commercial Building on Route 611

      Commercial space on busy route 611, Horsham, PA.
      371 EASTON Road, HORSHAM, PA 19044
      View Details
    • Contact for pricing

      Horsham GMP/R&D Facility Available

      36,062 SF GMP/R&D facility in Horsham's Life Sciences Ecosystem.
      425 Privet Road, Horsham, PA, 19044
      View Details
    • Contact for pricing

      Retail Space in Horsham Center

      Retail space available in a busy Horsham shopping center.
      301 Horsham Rd, Horsham, PA
      View Details
    • Contact for pricing

      Retail Space in Horsham Center

      Retail space available in a busy shopping center.
      301-307 Horsham Rd, Horsham, PA
      View Details
    • Contact for pricing

      6,000 SF Warehouse For Lease

      6,000 SF warehouse space available just off Route 611.
      119 Horsham Rd, Horsham, PA 19044
      View Details
    • Contact for pricing

      Maple Glen Retail Opportunity

      Retail, restaurant, and medical space available in 2026.
      732 Norristown Rd, Horsham, PA
      View Details
    • Contact for pricing

      Updated Office Space with Amenities

      Office space with updated lobby, fitness center, and cafe.
      100 Witmer Rd, Horsham, PA
      View Details
    • Contact for pricing

      High-Finish Office Space Available

      Efficient office space with ample parking and convenient location.
      700 Dresher Rd, Horsham, PA
      View Details
    • Contact for pricing

      Horsham Township Class A Office

      Class A office space for rent in Horsham Township.
      300 Welsh Rd, Horsham, PA
      View Details
    • Contact for pricing

      Premier Horsham Medical & Office Campus

      235,000 SF campus with medical and office space available.
      400-445 Lakeside Dr, Horsham, PA
      View Details
    • Contact for pricing

      Multi-Tenant Office Building For Rent

      Multi-tenant office building with modern lobby and outdoor courtyard.
      110 Gibraltar Rd, Horsham, PA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available near Upper Dublin Promenade and 555 Flats.
    Where is this office units located?
    The property is located at 120 Gibraltar Rd Horsham, PA.
    What are key features of this property?
    This property features: Onsite beer garden at 100 lakeside; Live, Shop, Dine less than mile away at the Upper Dublin Promenade; Luxury Living less than 1 mile away at the 555 Flats
    (215) 802-4061
    We can help!
    Listing Contact
    Douglas Himmelreich
    Douglas Himmelreich
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!