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    FOR LEASE
    Office buildings

    2121 Rdu Center Dr, Morrisville, NC 27560

    116,308 SF 7.21 ac lot Built 2008
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US53-0182646
    Property summary
    AI-generated overview

    RDU Center III, a prestigious Class A office building in Morrisville, NC, offers exceptional executive office space. This four-story building, constructed in 2009, boasts 114,518 square feet of total space, with two suites currently available. Individual suites range from 9,336 to 10,499 contiguous square feet, providing flexibility for various business needs. A total of 19,835 square feet is currently vacant. The building features a striking lobby, convenient underground parking with a generous 3.5 spaces per 1,000 square feet, electric vehicle charging stations, and an on-site fitness center for tenant convenience. Its prime location in Wake County, just off 2121 RDU Center Dr, offers unparalleled proximity to Raleigh-Durham International Airport and is surrounded by a wealth of restaurants, hotels, and other amenities. The modern exterior and functional interior design create a sophisticated and productive work environment. This exceptional property presents a unique opportunity for businesses seeking a high-quality, conveniently located office space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2008
    Total area 116,308 SF
    Lot 7.21 ac (314,068 SF)
    Zoning code ORD
    APN 0766.01-05-8094 0368654
    UPID US53-0182646
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $27.82M
    Blend (final) Blend
    $23.16M
    Owner & transaction history
    Osk Xiv Reo LLC · 2 yrs held
    Osk Xiv Reo LLC
    since 2023
    Last sale
    $23.3M
    7 recorded transactions
    2023
    $19.5M
    2016
    2014
    $23.3M
    2013
    2010
    2008
    2007
    $2.0M
    Zoning & alternative use
    ORD · Morrisville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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