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Class A Office Building
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101 J Morris Commons Ln, Morrisville, NC 27560

Three-story office building convenient to RTP, Raleigh, Durham, and RDU.

Space Size5,000 SF
Property Size73,700 SF
Days on Market1906

Property Features for 101 J Morris Commons Ln

General Information

Standard status Active
Size 5,000 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 73,700 SF
Tenancy Multiple

Spaces For Lease

at 101 J Morris Commons Ln Contact us

Suite 105

Size
5,000 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: NAI Tri Properties
Listed By: Lee Bishop · License #349401
Source: Crexi
Added: Jun 18, 2021 Changed: Aug 27 Last Checked: Sep 2 at 4:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Tri Properties

Investment Insights

Based on property information with market context.

This is a three-story Class A office building. It is conveniently located near RTP, Raleigh, Durham, and RDU International Airport. The building is situated within Town Hall Commons on McCrimmon Parkway, positioned between NC 54 and Davis Drive.

Key Highlights

  • Convenient location to RTP
  • Proximity to Raleigh and Durham
  • Close to RDU International Airport

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Hair Salon Locksmith Nail Salon Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 27560, NC

38,959
Population
17,764
Households
2.2
Avg Household Size
33
Median Age
73%
College-Educated
96%
High-School Grad
27.4 sq mi
ZIP Area
1,422
Density / Sq Mi
$117,340
Median Household Income
$70,040
Median Earnings
$1,760
Median Rent
$466,900
Median Home Value

Market

Lease Benchmarks for Morrisville, NC

$28.92 /SF/Yr
Avg Asking Price
$19.5–$33 /SF/Yr
Price Range
114,454 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building convenient to RTP, Raleigh, Durham, and RDU.
Where is this office building located?
The property is located at 101 J Morris Commons Ln Morrisville, NC.
What is the lease rate?
The lease rate is $28.95 SF/Yr.
What are key features of this property?
This property features: Convenient location to RTP; Proximity to Raleigh and Durham; Close to RDU International Airport
More about this property
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