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    1101Aviation Pkwy Morrisville, NC 27560

    Sponsored
    For Lease
    $16 SF/Yr ($6,240 /Mo)

    Modern Flex Space, 2310 sq ft Available

    Lot size:
    4,608 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,310 square foot office and flex space is ideally located at 1101 Aviation Parkway, Suite E, in Morrisville, North Carolina, within Wake County. Part of the Commonwealth Center, this multi-tenant building offers a total of 4,608 square feet. The available space presents a fantastic opportunity for businesses seeking a modern and efficient workspace. The property features one convenient drive-in bay, adding to its practicality and accessibility. The suite is classified as both executive office and flex space, providing versatility for various business needs and configurations. Its location in Morrisville, NC, offers easy access to major transportation routes and amenities, making it an attractive option for companies seeking a strategic location in the Research Triangle area. The property is currently available for lease and presents a unique chance to secure a well-appointed space in a thriving business community. The building's classification as both office and industrial reflects its adaptability to a range of business operations. With 2,310 square feet of vacant space, this property is ready for immediate occupancy. The zip code is 27560. This is a prime opportunity to establish or expand your business in a desirable location.

    Property Features for 0 1101Aviation Pkwy

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,608 SF
    Total Rate
    6240

    Unit(s) available at that property

    Space
    Suite D
    Size
    2,310 SF
    Rate per SF
    $16

    HighLights

    • Prominent Aviation Parkway location, one mile from I‑40, two minutes from RDU.
    • Building signage opportunities available.
    • High visibility from Aviation Parkway.
    • Excellent access to I‑540, Research Triangle Park, and central Triangle location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.809904
    Latitude
    35.840236

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, 2310 sq ft Available
    Where is this flex space located?
    The property is located at 1101Aviation Pkwy Morrisville, NC.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Prominent Aviation Parkway location, one mile from I-40, two minutes from RDU.; Building signage opportunities available.; High visibility from Aviation Parkway.
    Request Owner's contact information
    1101Aviation Pkwy 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
    1101Aviation Pkwy Morrisville, NC 27560
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