3400 Village Market Pl, Morrisville, NC 27560
This exceptional retail opportunity is located within Park West Village, a thriving 100-acre mixed-use development in desirable Morrisville, North Carolina. The property boasts a total of 516,679 square feet, housed in a single-story building constructed in 2011. Seven retail spaces are currently available, ranging in size from 1,207 to 2,736 square feet, perfect for a variety of businesses. The center enjoys a prime location at the southwest corner of Cary Parkway and NC-54/Chapel Hill Road, providing excellent visibility and accessibility. Major transportation arteries, including Interstates 40, 540, and 85, as well as US Highways 64, 1, and 70, are easily accessible. Future infrastructure improvements, such as the extension of I-540 and I-40 south to US-1, will further enhance accessibility and customer reach. Park West Village is anchored by prominent national retailers including Target, Buy Buy Baby, TJ Maxx, Petsmart, Ross Dress for Less, Michaels, Homegoods, and the recently added Trader Joe's. This vibrant center also features upscale casual dining options and a movie theater, creating a dynamic shopping and entertainment destination within a larger community that includes luxury apartment homes. The property offers a unique opportunity to establish a presence in a high-traffic, affluent area with strong demographics. No elevators are present in the single-story building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.