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Class A Office Building
For Lease
$29.50 SF/Yr

1700 Perimeter Park Dr, Morrisville, NC 27560

Three-story office building near Raleigh-Durham International Airport.

Space Size3,196 SF - 28,803 SF
Property Size80,277 SF
Days on Market207

Property Features for 1700 Perimeter Park Dr

General Information

Standard status Active
Size 3,196 SF - 28,803 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 80,277 SF

Spaces For Lease

at 1700 Perimeter Park Dr Contact us

Suite 110 $29.50/SF/Yr

Size
8,670 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 120 $29.50/SF/Yr

Size
8,466 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 130 $29.50/SF/Yr

Size
4,801 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 140 $29.50/SF/Yr

Size
3,196 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 300 (full floor) $29.50/SF/Yr

Size
28,803 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: William Allen
Source: Trinity-partners
Added: Jan 27 Changed: Aug 18 Last Checked: Aug 21 at 4:37AM

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 brick and glass construction. It is located near I-40 and I-540, and is approximately 3 minutes from Raleigh-Durham International Airport. On-site amenities include two fitness centers, a conference center, a tenant lounge, and a pocket park equipped with a putting green and bocce court. The property also features 7 miles of walking trails. Over 50 restaurants and retailers are located in the surrounding area. On-site property management is responsive and pro-active. The property contains 80277 square feet.

Key Highlights

  • Convenient location near I‑40, I‑540, and Raleigh‑Durham International Airport.
  • Two on‑campus fitness centers and a conference center.
  • Tenant lounge and outdoor amenities including a putting green and bocce court.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Plumbing Service Nail Salon Carpet & Flooring Store Spa & Massage Center 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
$4.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

438
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
$19.5–$33 /SF/Yr
Price Range
114,454 SF
Avg Space Size

This space is priced 2% above 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building near Raleigh-Durham International Airport.
Where is this office building located?
The property is located at 1700 Perimeter Park Dr Morrisville, NC.
What is the lease rate?
The lease rate is $29.50 SF/Yr.
What are key features of this property?
This property features: Convenient location near I‑40, I‑540, and Raleigh‑Durham International Airport.; Two on‑campus fitness centers and a conference center.; Tenant lounge and outdoor amenities including a putting green and bocce court.
More about this property
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