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Industrial/Flex Space Near RTP
For Lease
$14.50 SF/Yr

409-A Airport Boulevard, Morrisville, NC 27560

22,400 SF industrial/flex space available for lease.

Space Size22,487 SF
Days on Market307

Property Features for 409-A Airport Boulevard

General Information

Standard status Active
Size 22,487 SF
Property subtype Industrial

Spaces For Lease

at 409-A Airport Boulevard Contact us

Suite 200

Size
22,487 SF
Type
Industrial
Availability
Available
Includes ±17,687 SF of warehouse space and ±4,800 SF of office space. Two (2) dock-high...
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Listed By: Ann-Stewart Patterson
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 24 Last Checked: Sep 24 at 8:06AM

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.

Available for lease is approximately 22,400 square feet of industrial/flex space. The property is located 4.0 miles from I-40, 3.0 miles from I-540, 6.0 miles from Research Triangle Park, and 3.0 miles from RDU International Airport.

Key Highlights

  • Proximity to RDU International Airport (3.0 miles)
  • Convenient access to major interstates: I‑40 (4.0 miles) and I‑540 (3.0 miles)
  • Close proximity to Research Triangle Park (6.0 miles)

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Dental Office Auto Repair Shop Kitchen & Bath Showroom Parking Lot & Garage Law Firm

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
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

351
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Morrisville, NC

$16.92 /SF/Yr
Avg Asking Price
$14.5–$19.4 /SF/Yr
Price Range
16,956 SF
Avg Space Size

This space is priced 14% below the average of $16.92 /SF/Yr.

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
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Similar Off Market Nearby

  • Apple Spice Lunch Box Delivery & Catering Raleigh, Durham, Chapel Hill - NC — 10404 chapel hill rd suite 109, morrisville, nc 27560
  • Sangam Mart - Satellite Kitchen — 100 Jerusalem Dr #108, Morrisville, NC 27560

Frequently Asked Questions

What type of property is this?
Flex space - 22,400 SF industrial/flex space available for lease.
Where is this flex space located?
The property is located at 409-A Airport Boulevard Morrisville, NC.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Proximity to RDU International Airport (3.0 miles); Convenient access to major interstates: I‑40 (4.0 miles) and I‑540 (3.0 miles); Close proximity to Research Triangle Park (6.0 miles)
More about this property
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