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    3400 Village Market Pl Morrisville, NC 27560

    Sponsored
    For Lease
    Contact for pricing

    Morrisville, NC retail center; 7 spaces available.

    Lot size:
    516,679 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within Park West Village, a thriving 100-acre mixed-use development in desirable Morrisville, North Carolina. The property boasts a total of 516,679 square feet, housed in a single-story building constructed in 2011. Seven retail spaces are currently available, ranging in size from 1,207 to 2,736 square feet, perfect for a variety of businesses. The center enjoys a prime location at the southwest corner of Cary Parkway and NC-54/Chapel Hill Road, providing excellent visibility and accessibility. Major transportation arteries, including Interstates 40, 540, and 85, as well as US Highways 64, 1, and 70, are easily accessible. Future infrastructure improvements, such as the extension of I-540 and I-40 south to US-1, will further enhance accessibility and customer reach. Park West Village is anchored by prominent national retailers including Target, Buy Buy Baby, TJ Maxx, Petsmart, Ross Dress for Less, Michaels, Homegoods, and the recently added Trader Joe's. This vibrant center also features upscale casual dining options and a movie theater, creating a dynamic shopping and entertainment destination within a larger community that includes luxury apartment homes. The property offers a unique opportunity to establish a presence in a high-traffic, affluent area with strong demographics. No elevators are present in the single-story building.

    Property Features for 3400 Village Market Pl

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    516,679 SF

    Building Details

    Year Built
    2011
    Stories
    1

    Unit(s) available at that property

    Space
    MU1-103
    Size
    2,358 SF
    Space
    MU1-130
    Size
    1,247 SF
    Space
    R20-110
    Size
    1,639 SF
    Space
    R22-110
    Size
    1,207 SF
    Space
    R17-140
    Size
    1,529 SF
    Space
    MU2-110
    Size
    2,457 SF
    Space
    MU2-135
    Size
    2,736 SF

    HighLights

    • 516,679 SF retail center in Morrisville, NC.
    • Single‑story building, built in 2011, with multiple tenants.
    • Seven retail spaces available, ranging from 1,207 to 2,736 square feet.
    • Strong anchor tenants include Target, Buy Buy Baby, TJ Maxx, Petsmart, Ross Dress for Less, Michaels, Homegoods, and Trader Joe's.
    • Located at the southwest corner of Cary Parkway and NC‑54/Chapel Hill Road, with excellent access to major highways (I‑40, 540, 85, US 64, 1, and 70).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.819629
    Latitude
    35.808021

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    FAQs

    What type of property is this?
    Retail property - Morrisville, NC retail center; 7 spaces available.
    Where is this retail property located?
    The property is located at 3400 Village Market Pl Morrisville, NC.
    What are key features of this property?
    This property features: 516,679 SF retail center in Morrisville, NC.; Single-story building, built in 2011, with multiple tenants.; Seven retail spaces available, ranging from 1,207 to 2,736 square feet.
    Request Owner's contact information
    3400 Village Market Pl Morrisville, NC 27560
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    Morrisville, NC 27560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3400 Village Market Pl Morrisville, NC 27560
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