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Flexible Commercial Space in Morrisville
For Lease
$19.50 SF/Yr

117 International Dr, Morrisville, NC 27560

Adaptable commercial property in the heart of the Research Triangle.

Space SizeContact for details
Property Size36,000 SF
Lot Size1.00 Acre
Days on Market153

Property Features for 117 International Dr

General Information

Standard status Active
Size 36,000 SF
Lot size 1.00 Acre
Listing Agency: Century 21 Triangle Group
Listed By: Russell Copersito · License #339343
Source: Exprealty
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 8 at 7:08AM

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 Century 21 Triangle Group

Investment Insights

Based on property information with market context.

Goels Plaza is a 35,534 square-foot commercial property in the heart of the Research Triangle. It is located minutes from Raleigh-Durham International Airport, I-40, I-540, and NC Highway 54. The metal-framed structure features brick masonry construction, EIFS façade elements, and tinted glazing. The building includes four storefront-style entrances and 10-20-foot ceilings. Originally built out as an event venue and assembly space, the flexible layout supports a wide range of uses including professional office, institutional, light industrial, educational, warehousing, distribution, research and development, religious assembly, and recreational facilities. The property also offers expansion potential with an adjacent 1-acre prepared building pad. Suite 400 features an open floor plan, two private offices, an on-site reception area, and both front and side private entrances. Suite 500 features six private offices, two conference rooms, a bullpen area, a built-in reception desk, and front door access, and is available as part of a full-building tenancy only. Suite 600 features an open wood-floor assembly space, private restrooms, dedicated storage areas, and a private front entrance. Suites 400 and 600 are available for individual lease. When all three suites are leased together, the property offers approximately 18,597 SF of contiguous space. Goels Plaza sits within Cedar Fork Business Park in Morrisville, directly south of Research Triangle Park and approximately 25 minutes from downtown Raleigh. Nearby amenities include Park West Village and the Morrisville Outlet Mall. A GoTriangle transit stop is within walking distance.

Key Highlights

  • Strategic location in the heart of the Research Triangle with exceptional regional accessibility.
  • Flexible use potential supporting professional office, institutional, light industrial, and more.
  • Significant expansion potential with an adjacent 1‑acre prepared building pad for up to 20,000 SF of additional development.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Spa & Massage Center Auto Parts Store 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
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

595
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

Market

Lease Benchmarks for Morrisville, NC

$28.92 /SF/Yr
Avg Asking Price
$20–$33 /SF/Yr
Price Range
112,528 SF
Avg Space Size

This space is priced 33% below the average of $28.92 /SF/Yr.

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 - Adaptable commercial property in the heart of the Research Triangle.
Where is this office building located?
The property is located at 117 International Dr Morrisville, NC.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Strategic location in the heart of the Research Triangle with exceptional regional accessibility.; Flexible use potential supporting professional office, institutional, light industrial, and more.; Significant expansion potential with an adjacent 1‑acre prepared building pad for up to 20,000 SF of additional development.
More about this property
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