Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office buildings

    2000 Perimeter Park Dr, Morrisville, NC 27560

    55,000 SF 4.25 ac lot Built 1997
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US53-1286310
    Property summary
    AI-generated overview

    This exceptional Class A office building, located in Wake County, offers 54,592 square feet of premium executive office space within a vibrant corporate setting. Built in 1997, this two-story building features two suites, with a minimum divisible space of 13,796 square feet and a maximum contiguous space of 27,754 square feet. Currently, 41,550 square feet are available for lease. The property boasts significant glassline exposure, creating bright and inviting workspaces with abundant natural light on all floors. Flexible floorplates and high ceilings provide versatile options for tenant build-outs. Beyond the building itself, tenants enjoy beautifully landscaped grounds, ample parking, and access to two on-site fitness centers, a tenant lounge, and a convenient conference center. Seven miles of walking trails encourage a healthy and active lifestyle. The location is unparalleled, surrounded by over 50 restaurants and retailers, providing employees with a wide array of dining and shopping choices. On-site property management ensures responsive and proactive service. This is an exceptional opportunity to secure prime office space in a highly desirable and amenity-rich location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1997
    Construction BRICK
    Total area 55,000 SF
    Lot 4.25 ac (185,130 SF)
    Zoning code OI
    APN 0756.01-05-2294 0227717
    UPID US53-1286310
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.53M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.97M
    Blend (final) Blend
    $6.27M
    Owner & transaction history
    Perimeter Park Offices LP · 5 yrs held
    Perimeter Park Offices LP
    since 2020
    Last sale
    $5.7M
    3 recorded transactions
    2020
    $12.3M
    2017
    $9.6M
    2015
    $5.7M
    Zoning & alternative use
    OI · Morrisville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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