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    703 Slater Rd Morrisville, NC 27560

    Sponsored
    For Lease
    $30 SF/Yr

    Morrisville, NC: Premier Office Building, 35,350 SF

    Lot size:
    35,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office building, located at 703 Slater Road in Morrisville, North Carolina, offers 35,350 square feet of prime commercial and executive office space. Completed in 2024, this three-story building sits on a 2.89-acre lot and boasts a modern design. The property is ideally situated in a premier suburban office submarket, providing convenient access to Interstates 40 and 540, and is just minutes from Raleigh-Durham International Airport. Multiple tenancy options are available, with a minimum divisible space of 12,017 square feet and a maximum contiguous space of 12,017 square feet. The entire 35,350 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple occupants. Ample parking is provided, with a ratio of 4.14 spaces per 1,000 square feet. This property is located in Durham County, North Carolina, and offers a highly desirable location for businesses seeking a modern, efficient, and conveniently located workspace. The building's classification as Class A reflects its high-quality construction and amenities. This is an unparalleled opportunity to secure a prominent presence in a thriving business community.

    Property Features for 703 Slater Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,350 SF
    Class
    A
    Total Rate
    89847.92

    Building Details

    Year Built
    2024
    Stories
    3

    Unit(s) available at that property

    Space
    Second Floor
    Size
    3,997 SF
    Rate per SF
    $30
    Space
    Third Floor
    Size
    11,815 SF
    Rate per SF
    $30

    HighLights

    • Class A office building, 35,350 square feet, located at 703 Slater Road, Morrisville, NC.
    • Excellent location with convenient access to I‑40 & I‑540, minutes from RDU Airport.
    • 4.14 parking spaces per 1,000 square feet.
    • Condo ownership opportunity available.
    • Building signage available.
    • 24‑hour building access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Durham
    State
    North Carolina
    Longitude
    -78.829394
    Latitude
    35.8678509

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    FAQs

    What type of property is this?
    Office Property / Space - Morrisville, NC: Premier Office Building, 35,350 SF
    Where is this office property / space located?
    The property is located at 703 Slater Rd Morrisville, NC.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Class A office building, 35,350 square feet, located at 703 Slater Road, Morrisville, NC.; Excellent location with convenient access to I-40 & I-540, minutes from RDU Airport.; 4.14 parking spaces per 1,000 square feet.
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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
    703 Slater Rd Morrisville, NC 27560
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