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Modern Office Space in Perimeter Park
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1015 Sync Street, Morrisville, NC 27560

Up to 200,000 SF available in master-planned Perimeter Park.

Space Size200,000 SF
Days on Market1031

Property Features for 1015 Sync Street

General Information

Standard status Active
Size 200,000 SF
Class A
Property subtype Office

Building Details

Building Size 200,000 SF
Tenancy Single

Spaces For Lease

at 1015 Sync Street Contact us

Available space

Size
200,000 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Trinity Partners
Listed By: William Allen · License #NC 160798
Source: Crexi
Added: Oct 27, 2023 Changed: Aug 8 Last Checked: Aug 21 at 11:16AM

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 Trinity Partners

Investment Insights

Based on property information with market context.

Up to 200,000 square feet is available for prelease in Perimeter Park, a master-planned development featuring modern office buildings. The development includes Perimeter 1-4, characterized by efficient floorplates, bright lobbies, and glasslines. Situated off I-40 and I-540, the location provides accessibility from Chapel Hill, Durham, Raleigh, and surrounding suburbs, and is located minutes from Raleigh-Durham International Airport. The park-like setting includes walking trails, hotels, retail options, and restaurants, with additional amenities planned for future development.

Key Highlights

  • Up to 200,000 SF available for prelease.
  • Located off I‑40 and I‑540, providing easy access to major transportation routes.
  • Minutes from Raleigh‑Durham International Airport.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Hair Salon Locksmith Nail Salon Electrical Service Skin Care 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

Location Intelligence

Trade Area within ½ mile

507
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

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 - Up to 200,000 SF available in master-planned Perimeter Park.
Where is this office building located?
The property is located at 1015 Sync Street Morrisville, NC.
What are key features of this property?
This property features: Up to 200,000 SF available for prelease.; Located off I‑40 and I‑540, providing easy access to major transportation routes.; Minutes from Raleigh‑Durham International Airport.
More about this property
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