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1288 State Route 73 - Availability Details

Off-Market

1288 State Route 73, Mount Laurel, NJ 08054

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  • Property Type Office - General Office
  • Property Size 44,000 Sqft
  • Lot Size 2.4 Acre
  • Parking Spaces Avail. 149
  • Parking Ratio 3.40/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Location

  • City Mount Laurel, NJ
  • Neighborhood Ramblewood
  • Zip Code 08054
  • 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 12 Jan, 2004
  • Purchase Price $3,950,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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 (Sqft) 27,600

Mount Laurel Office Sales Trends

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

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

Tax

  • Property Tax in 2021 $92,888
  • Market Value $3,400,000
  • Assessed Value $3,400,000

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