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    4000 Paramount Pkwy Morrisville, NC 27560

    Sponsored
    For Lease
    $30 SF/Yr

    9,212 SF Available in Class A Building

    Lot size:
    90,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,212 square foot office space is located within the prestigious Perimeter Park development at 4000 Paramount Parkway, Morrisville, NC 27560. Part of a newly constructed (2021), three-story, Class A building totaling 90,000 square feet, this space offers a modern and efficient layout. The building boasts approximately 32,000 square foot floor plates, a bright and inviting lobby, striking glass lines, and ample parking. Prominent signage opportunities are available for enhanced brand visibility. The property benefits from its location within Perimeter Park, a master-planned development featuring beautifully landscaped green spaces, lakes, and over seven miles of walking trails. On-site amenities include a fitness center, and the surrounding area offers convenient access to restaurants, shops, services, and hotels. Virus mitigation measures were incorporated during the building's construction. This space is ideal for businesses seeking a high-quality, modern office environment in a vibrant and amenity-rich location. The property is zoned for office and retail use, and multiple tenancies are possible.

    Property Features for 4000 Paramount Pkwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,000 SF
    Class
    A
    Total Rate
    225000

    Building Details

    Year Built
    2021
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 175
    Size
    9,212 SF
    Rate per SF
    $30

    HighLights

    • Prime location in a high‑growth market.
    • Strong tenant roster with established businesses.
    • Excellent lease terms and above‑market rental rates.
    • Significant upside potential through lease renewals and rent increases.
    • Proven track record of consistent cash flow.
    • Well‑maintained property with modern amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8309313
    Latitude
    35.8593025

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    FAQs

    What type of property is this?
    Restaurant - 9,212 SF Available in Class A Building
    Where is this restaurant located?
    The property is located at 4000 Paramount Pkwy Morrisville, NC.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Prime location in a high-growth market.; Strong tenant roster with established businesses.; Excellent lease terms and above-market rental rates.
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    4000 Paramount Pkwy 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
    4000 Paramount Pkwy Morrisville, NC 27560
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