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    200 Trans Air Dr Morrisville, NC 27560

    Sponsored
    For Lease
    $17 SF/Yr

    Two Suites, Industrial Space, I-40 Access

    Lot size:
    5,161 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This multi-tenant flex building in Morrisville, NC offers two available suites ideal for a variety of industrial uses. Suite 700 boasts 3,124 square feet, while Suite 900 provides 2,037 square feet of functional space. Located at 200 Trans Air Drive, this property benefits from its convenient proximity to Interstate 40 (one mile) and the Research Triangle Park (three miles), ensuring easy access for employees and transportation of goods. The building is zoned for Industrial Management (IM), allowing for a range of business operations. Shared amenities include one loading dock and one grade-level drive-in door, simplifying loading and unloading processes. Ample parking is available, with a 4.0/1,000 parking ratio. The lease rate is $17.95 per square foot annually, with a triple net (NNN) structure including a tenant improvement and common area maintenance (TICAM) charge of $4.62 per square foot annually. This property presents a compelling opportunity for businesses seeking efficient and strategically located industrial space in the thriving Morrisville market. The property is situated in Wake County, North Carolina, and has a zip code of 27560.

    Property Features for 200 Trans Air Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,161 SF

    Unit(s) available at that property

    Space
    Suite 900
    Size
    2,037 SF
    Rate per SF
    $17
    Space
    Suite 700
    Size
    3,124 SF
    Rate per SF
    $17

    HighLights

    • Two available suites: 3,124 SF (Suite 700) and 2,037 SF (Suite 900).
    • Located at 200 Trans Air Drive, Morrisville, NC 27560, one mile from I‑40 and three miles from Research Triangle Park.
    • Industrial Management (IM) zoning.
    • Shared loading dock and grade‑level drive‑in door.
    • 4.0/1,000 parking ratio.
    • $17.95/SF annual lease rate, NNN; $4.62/SF annual TICAM.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Law Firm Auto Repair Shop Clothing Store Auto Parts Store Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8193707
    Latitude
    35.8499427

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    FAQs

    What type of property is this?
    Flex space - Two Suites, Industrial Space, I-40 Access
    Where is this flex space located?
    The property is located at 200 Trans Air Dr Morrisville, NC.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Two available suites: 3,124 SF (Suite 700) and 2,037 SF (Suite 900).; Located at 200 Trans Air Drive, Morrisville, NC 27560, one mile from I-40 and three miles from Research Triangle Park.; Industrial Management (IM) zoning.
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    200 Trans Air Dr 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
    200 Trans Air Dr Morrisville, NC 27560
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