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Class A Office Building For Rent
For Lease
$27 SF/Yr

5200 W Paramount Parkway, Morrisville, NC 27560

Two-story office building with modern renovations near Raleigh-Durham Airport.

Space Size18,623 SF - 18,954 SF
Property Size160,747 SF
Days on Market206

Property Features for 5200 W Paramount Parkway

General Information

Standard status Active
Size 18,623 SF - 18,954 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 160,747 SF
Year Built 2001

Spaces For Lease

at 5200 W Paramount Parkway Contact us

Suite 150 $27/SF/Yr

Size
18,954 SF
Term
Negotiable
Contact us

Suite 175 $27/SF/Yr

Size
18,623 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: William Allen
Source: Trinity-partners
Added: Jan 27 Changed: Aug 18 Last Checked: Aug 21 at 4:28AM

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 160,747 square-foot, two-story Class A office building features a recently renovated exterior entrance and lobby with distinctive architectural finishes, unique artwork, and touchdown zones. The property is located off I-40 and I-540, approximately three 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 on-site property management.

Key Highlights

  • Prime location off I‑40 and I‑540, only 3 minutes from Raleigh‑Durham International Airport.
  • Recently renovated Class A office building with a stunning new exterior entrance and lobby.**
  • On‑site amenities include a fitness center, conference center, and walking trails.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Parts Store HVAC Service Hair Salon Nail Salon Garden Center

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
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

423
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 7% 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with modern renovations near Raleigh-Durham Airport.
Where is this office building located?
The property is located at 5200 W Paramount Parkway Morrisville, NC.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Prime location off I‑40 and I‑540, only 3 minutes from Raleigh‑Durham International Airport.; Recently renovated Class A office building with a stunning new exterior entrance and lobby.**; On‑site amenities include a fitness center, conference center, and walking trails.
More about this property
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