Office Unit with Large
For Sale
Contact for pricing
1600 Horizon Drive Suite 112, Chalfont, PA 18914
Office suite in a C-3 commercial district with natural light and access via County Line Road.
Property Size4,193 SF
Price / SF$262.34
Days on Market61
Property Features for 1600 Horizon Drive Suite 112
General Information
Standard status
Active
Size
4,193 SF
Property subtype
Office
Zoning
C-3
Additional Details
Road Access
Yes
Listing Agency:
PG Commercial Real Estate Inc
Listed By:
Peggy Gallagher · License #RM051693B
Source:
Crexi
Added: Sep 2
Changed: Oct 26
Last Checked: Nov 1 at 2:38AM
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 PG Commercial Real Estate Inc
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Investment Insights
Based on property information with market context.
This 4,193 SF office condominium is located within Highpoint Business Campus and features large windows that bring natural light throughout the suite. The property is designated within New Britain Township’s C-3 Commercial District.
The office is positioned at 1600 Horizon Drive, Suite 112, in Chalfont, Pennsylvania. Access is available from County Line Road, with nearby connectivity to Route 202. The property is situated in New Britain Township near Highpoint in Bucks Montgomery County.
The office is positioned at 1600 Horizon Drive, Suite 112, in Chalfont, Pennsylvania. Access is available from County Line Road, with nearby connectivity to Route 202. The property is situated in New Britain Township near Highpoint in Bucks Montgomery County.
Key Highlights
- 4,193 SF office condominium
- Large windows provide natural light throughout the suite
- Located in Highpoint Business Campus
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,921
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,318,420
$1.3M
Cap Rate 7%
$941,729
$941.7K
Cap Rate 9%
$732,456
$732.5K
Market Conditions
NOI Build-Up for 4,193 SF
Gross rent
$109.2K $26.04/SF
− Vacancy
−$21.3K −$5.08/SF
EGI
$87.9K $20.96/SF
− OpEx
−$22.0K −$5.24/SF
NOI
$65.9K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,318,420
Cap Rate 7%
$941,729
Cap Rate 9%
$732,456
Alternative Uses
Best Use
Office B
$941.7K
$824.0K – $1.10M
NOI $65,921 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,989 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Explore this area
Business Placement
Demographics for 18914, PA
21,475
Population
7,900
Households
2.7
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
17.6 sq mi
ZIP Area
1,220
Density / Sq Mi
$148,286
Median Household Income
$67,169
Median Earnings
$1,991
Median Rent
$477,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite in a C-3 commercial district with natural light and access via County Line Road.
Where is this office unit located?
The property is located at 1600 Horizon Drive Suite 112 Chalfont, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 4,193 SF office condominium; Large windows provide natural light throughout the suite; Located in Highpoint Business Campus
