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Modern Office Space in Perimeter Park
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1015 Sync Street, Morrisville, NC 27560

Up to 200,000 SF available in master-planned Perimeter Park.

Space SizeContact for details
Property Size200,000 SF
Days on Market173

Property Features for 1015 Sync Street

General Information

Standard status Active
Size 200,000 SF
Class A
Property subtype Office

Building Details

Building Size 200,000 SF
Listed By: William Allen
Source: Trinity-partners
Added: Mar 26 Changed: Sep 11 Last Checked: Sep 14 at 6:51AM

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 William Allen

Investment Insights

Based on property information with market context.

Up to 200,000 square feet is available for prelease in Perimeter Park, a master-planned development featuring modern office buildings. The development includes Perimeter 1-4, characterized by efficient floorplates, bright lobbies, and glasslines. Situated off I-40 and I-540, the location provides accessibility from Chapel Hill, Durham, Raleigh, and surrounding suburbs, and is located minutes from Raleigh-Durham International Airport. The park-like setting includes walking trails, hotels, retail options, and restaurants, with additional amenities planned for future development.

Key Highlights

  • Up to 200,000 SF available for prelease.
  • Located off I‑40 and I‑540, providing easy access to major transportation routes.
  • Minutes from Raleigh‑Durham International Airport.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Locksmith Auto Parts Store Carpet & Flooring Store HVAC Service Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 27560, NC

38,959
Population
17,764
Households
2.2
Avg Household Size
33
Median Age
73%
College-Educated
96%
High-School Grad
27.4 sq mi
ZIP Area
1,422
Density / Sq Mi
$117,340
Median Household Income
$70,040
Median Earnings
$1,760
Median Rent
$466,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Morrisville, NC

$28.88 /SF/Yr
Avg Asking Price
$19–$33 /SF/Yr
Price Range
119,074 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Up to 200,000 SF available in master-planned Perimeter Park.
Where is this office building located?
The property is located at 1015 Sync Street Morrisville, NC.
What are key features of this property?
This property features: Up to 200,000 SF available for prelease.; Located off I‑40 and I‑540, providing easy access to major transportation routes.; Minutes from Raleigh‑Durham International Airport.
More about this property
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