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Class A Office Building
For Lease
$28.50 SF/Yr

430 Davis Drive, Morrisville, NC 27560

Five-story office building in Research Triangle Park near RDU.

Property Size74,006 SF
Days on Market250

Property Features for 430 Davis Drive

General Information

Standard status Active
Size 74,006 SF
Property subtype Office
Listing Agency:
Listed By: Brad Corsmeier
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:05AM

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 Brad Corsmeier

Investment Insights

Based on property information with market context.

This is a five-story Class A office building featuring 152,366 square feet of space. The property is situated in the heart of Research Triangle Park, offering a location with high visibility to the new Triangle Expressway. It is conveniently accessible via the freeway exit on Hopson Road and is located minutes from RDU International Airport.

Key Highlights

  • Class A office building in Research Triangle Park
  • Offering 152,366 square feet of space
  • Minutes from RDU International Airport

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage HVAC Service Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

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
$4.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

228
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
123,165 SF
Avg Space Size

This space is priced 1% 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 - Five-story office building in Research Triangle Park near RDU.
Where is this office building located?
The property is located at 430 Davis Drive Morrisville, NC.
What is the lease rate?
The lease rate is $28.50 SF/Yr.
What are key features of this property?
This property features: Class A office building in Research Triangle Park; Offering 152,366 square feet of space; Minutes from RDU International Airport
More about this property
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