Listing Agency: CBRE | Raleigh t***@cbre.com Show Phone

Listed By: Tiffany Barrier Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 12 at 6:33AM

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Investment Insights

Based on property information with market context.

This property, identified as suitable for retail, creative, and office use, emphasizes placemaking and offers a range of spaces designed to bring innovators together. The collective design aims to empower a new generation of life-science professionals, fostering an environment conducive to uncovering life-changing breakthroughs. The property provides a total area of 12090 square feet.

Key Highlights

• Designed to bring innovators together.
• Empowers a new generation of life‑science professionals.
• Focus on placemaking.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Hair Salon Kitchen & Bath Showroom Locksmith Storage Facility Dental Office

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

481

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Creative retail and office spaces designed for innovators.

Where is this retail space located?

The property is located at 508 Airport Blvd Morrisville, NC.

What are key features of this property?

This property features: Designed to bring innovators together.; Empowers a new generation of life‑science professionals.; Focus on placemaking.