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Lenovo Building III Office Units
For Lease
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5221 Paramount Pkwy, Morrisville, NC 27560

Office space is available for sublease within Lenovo Building III in Morrisville.

Space Size34,458 SF - 137,833 SF
Days on Market51

Property Features for 5221 Paramount Pkwy

General Information

Standard status Active
Size 34,458 SF - 137,833 SF
Net Rentable 34,458 SF
Class A
Property subtype office

Space & Availability

Available Space 34,458-137,833 SF
Space Use Office
Sublease Yes

Amenities

Conference / meeting center
Coffee bar
Walking/Biking Trails
Listing Agency: Raleigh
Listed By: Bill Sandridge · License #156495
Source: Property.jll
Added: Jul 16 Changed: Aug 30 Last Checked: Aug 31 at 12:55PM

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 Raleigh

Investment Insights

Based on property information with market context.

Lenovo Building III offers office units for sublease at 5221 Paramount Pkwy in Morrisville, North Carolina. Available configurations range from 34,458 to 137,833 square feet, providing multiple size options within the property.

Key Highlights

  • Office units available for sublease
  • 34,458 to 137,833 SF available
  • Located at 5221 Paramount Pkwy, Morrisville, NC 27560

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center Locksmith Nail Salon Electrical Service Skin Care Clinic Hair Salon

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

Location Intelligence

Trade Area within ½ mile

417
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

$19.73 /SF/Yr
Avg Asking Price
$15.95–$29 /SF/Yr
Price Range
30,852 SF
Avg Space Size

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 units - Office space is available for sublease within Lenovo Building III in Morrisville.
Where is this office units located?
The property is located at 5221 Paramount Pkwy Morrisville, NC.
What are key features of this property?
This property features: Office units available for sublease; 34,458 to 137,833 SF available; Located at 5221 Paramount Pkwy, Morrisville, NC 27560
More about this property
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