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Class A Office Building
For Lease
$28 SF/Yr

1800 Perimeter Park Drive, Morrisville, NC 27560

Class A office building in corporate park setting near airport.

Property Size53,135 SF
Days on Market185

Property Features for 1800 Perimeter Park Drive

General Information

Standard status Active
Size 53,135 SF
Property subtype Office

Building Details

Year Built 1994
Listing Agency:
Listed By: William Allen
Source: Trinity-partners
Added: Jan 27 Changed: Jul 6 Last Checked: Jul 31 at 3:40AM

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 William Allen

Investment Insights

Based on property information with market context.

This Class-A office building features an upscale lobby and common areas. The building offers significant glass exposure and is set within beautifully landscaped grounds in a corporate park environment. It is located off I-40 and I-540, approximately 3 minutes from Raleigh-Durham International Airport. On-site amenities include a fitness center, conference center, and walking trails. The location is surrounded by over 50 restaurants and retailers. The property benefits from responsive, pro-active on-site property management. The building has an efficient floor plate design.

Key Highlights

  • Premier location: immediate access to I‑40 and I‑540, and 3 minutes from Raleigh‑Durham International Airport.
  • On‑site amenities: includes a fitness center, conference center, and walking trails.
  • Proximity to amenities: surrounded by over 50 restaurants and retailers.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Storage Facility Bakery Carpet & Flooring Store Nail Salon Veterinary 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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

470
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 3% 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 - Class A office building in corporate park setting near airport.
Where is this office building located?
The property is located at 1800 Perimeter Park Drive Morrisville, NC.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Premier location: immediate access to I‑40 and I‑540, and 3 minutes from Raleigh‑Durham International Airport.; On‑site amenities: includes a fitness center, conference center, and walking trails.; Proximity to amenities: surrounded by over 50 restaurants and retailers.
More about this property
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