Property profile

3025 Carrington Mill Blvd Morrisville, NC 27560

FOR LEASE
Office buildings
Property ID
US53-3827071
192,586 SF 13.54 ac lot Built 2015
Entity Owned 6-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Perimeter Four, a stunning Class A office building in Morrisville, NC's desirable Raleigh submarket, offers 193,413 square feet of executive office space. This exceptional property boasts six suites, with a minimum divisible space of 6,310 square feet and a maximum contiguous space of 39,494 square feet. Currently, 161,749 square feet are available for lease. Located at 3025 Carrington Mill Blvd, Morrisville, NC 27560, this prime location provides unparalleled convenience, situated just three minutes from Raleigh-Durham International Airport and easily accessible via I-40 and I-540. The building features efficient floor plans, a striking glass exterior, and an impressive lobby. On-site amenities include a state-of-the-art fitness center, a convenient conference center, and scenic walking trails. Enjoy the vibrant surrounding area, home to over 50 restaurants and retailers, ensuring a dynamic and convenient work environment. The property benefits from responsive, proactive on-site property management, ensuring a seamless and efficient experience for tenants. This is an exceptional opportunity to secure high-quality office space in a thriving location. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2015
Total area 192,586 SF
Lot 13.54 ac (589,802 SF)
Zoning code OI
APN 0746.02-99-5860 0421391
UPID US53-3827071

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Financial Advisor
  • Gym & Fitness Center
  • Coworking & Hybrid Office

Location

3025 Carrington Mill Blvd Morrisville, NC 27560
Morrisville metro Census 53609 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$25.62M
Blend (final) Blend
$34.03M

Owner & transaction history

Zoning & alternative use

OI · Morrisville, NC
Zoning description

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…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message