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Class A Flex Space
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1050 Northgate Court, Morrisville, NC 27560

Flex development in prime Triangle corridor, adjacent to I-40.

Space SizeContact for details
Days on Market147

Property Features for 1050 Northgate Court

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency:
Listed By: Ann-Stewart Patterson
Source: Cbre
Added: Mar 25 Changed: Aug 10 Last Checked: Aug 17 at 4:02PM

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 Ann-Stewart Patterson

Investment Insights

Based on property information with market context.

This Class A flex development is located adjacent to I-40 in a prime Triangle corridor. The property offers 64,059 square feet of flex space.

Key Highlights

  • Class A flex development
  • Adjacent to I‑40
  • Prime Triangle corridor

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Hair Salon Locksmith Nail Salon Electrical Service Skin Care 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
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Morrisville, NC

$17.43 /SF/Yr
Avg Asking Price
$14.5–$20 /SF/Yr
Price Range
32,623 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Sangam Mart - Satellite Kitchen 100 Jerusalem Dr #108, Morrisville, NC 27560
  • Catering On Demand 10970 Chapel Hill Rd #122, Morrisville, NC 27560

Frequently Asked Questions

What type of property is this?
Flex space - Flex development in prime Triangle corridor, adjacent to I-40.
Where is this flex space located?
The property is located at 1050 Northgate Court Morrisville, NC.
What are key features of this property?
This property features: Class A flex development; Adjacent to I‑40; Prime Triangle corridor
More about this property
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