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    FOR LEASE
    Office buildings

    3020 Carrington Mill Blvd, Morrisville, NC 27560

    214,630 SF 18.04 ac lot Built 2013
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US53-3827072
    Property summary
    AI-generated overview

    Perimeter Two, a Class A, five-story office building in Morrisville, NC, offers 209,657 square feet of executive office space. Built in 2014, this stunning property boasts a park-like setting with walking trails and is conveniently located off I-40 and I-540, providing easy access to Raleigh-Durham International Airport, Chapel Hill, Durham, and Raleigh. Currently, 151,478 square feet of space is available, with options ranging from 5,491 square feet to a maximum contiguous space of 42,658 square feet. The building features multiple tenancies, allowing for flexibility in space requirements. The property is situated in Wake County, at 3020 Carrington Mill Blvd, Morrisville, NC 27560, and is surrounded by hotels, retail, and restaurants, with further amenities planned for future development. Significant renovations are currently underway, including expansive lobby upgrades and a patio refresh, enhancing the already impressive aesthetic and functionality of this prime office location. This exceptional property presents a unique opportunity for businesses seeking a modern, well-located, and amenity-rich workspace in a thriving area. The minimum divisible space is 5,491 square feet.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 2013
    Total area 214,630 SF
    Lot 18.04 ac (785,822 SF)
    Zoning code OI
    APN 0746.02-99-3060 0374626
    UPID US53-3827072
    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
    $28.58M
    Blend (final) Blend
    $37.88M
    Owner & transaction history
    RALEIGH 1 LP
    RALEIGH 1 LP
    Zoning & alternative use
    OI · Morrisville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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