Property summary
This exceptional Class A executive office building, totaling 77,239 square feet, presents a unique single-tenant opportunity in Morrisville, NC. Situated at 1700 Perimeter Park Drive, this three-story building boasts stunning brick and glass construction, offering a prestigious and modern workspace. The property features a generous 14'3" ceiling height throughout, providing ample space and flexibility for various office configurations. With 362 parking spaces, ample parking is ensured for employees and visitors. The building is equipped with robust power infrastructure, including a 750 KVA switch gear with 2000 amps. Located in Wake County, this prime location offers unparalleled convenience, just three minutes from Raleigh-Durham International Airport and easily accessible from I-40 and I-540. On-site amenities include two fitness centers, a conference center, a tenant lounge, a pocket park with a putting green and bocce court, and seven miles of walking trails. The property is also surrounded by a vibrant mix of over 50 restaurants and retailers, providing employees with a wide array of dining and shopping options. This property benefits from responsive, proactive on-site property management, ensuring a seamless and efficient operational experience. This is an exceptional opportunity to acquire a fully vacant, high-quality office building in a thriving location.
Property profile
VerifiedCap rate & NOI
Current use
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Factory Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Office and Institutional District accommodates largescale regional office developments that feature high visual quality and high trip generating uses, including office parks, research and development parks, corporate…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OI · Morrisville, NCThe Office and Institutional District accommodates largescale regional office developments that feature high visual quality and high trip generating uses, including office parks, research and development parks, corporate…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Office and Institutional District accommodates largescale regional office developments that feature high visual quality and high trip generating uses, including office parks, research and development parks, corporate…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OI in Morrisville, NC.
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