Class A Office
For Lease
$28 SF/Yr
1500 Perimeter Park Drive, Morrisville, NC 27560
Three-story Class A office building in corporate park setting.
Property Size80,279 SF
Days on Market185
Property Features for 1500 Perimeter Park Drive
General Information
Standard status
Active
Size
80,279 SF
Property subtype
Office
Building Details
Year Built
1996
Listing Agency:
(919) 632-4676
Listed By:
William Allen
(919) 632-4676
Source:
Trinity-partners
Added: Jan 27
Changed: Jul 6
Last Checked: Jul 30 at 5:27AM
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 three-story office building features an upscale lobby and common areas. The building offers an efficient floor plate design and is situated in a corporate park setting. 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 property is surrounded by over 50 restaurants and retailers. On-site property management is responsive and pro-active. The location provides easy access to all points in the Triangle, situated just off I-40 and I-540, and is only three minutes from Research Triangle Park and the RDU International Airport. The property size is 80279 square feet.
Key Highlights
- Premier location with immediate access to I‑40 and I‑540, and only 3 minutes from Raleigh‑Durham International Airport.
- On‑site amenities include a fitness center, conference center, and walking trails.
- Upscale environment featuring a Class A building with an upscale lobby and common areas.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
470
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
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
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Frequently Asked Questions
What type of property is this?
Office building - Three-story Class A office building in corporate park setting.
Where is this office building located?
The property is located at 1500 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 with immediate access to I‑40 and I‑540, and only 3 minutes from Raleigh‑Durham International Airport.; On‑site amenities include a fitness center, conference center, and walking trails.; Upscale environment featuring a Class A building with an upscale lobby and common areas.
