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    FOR LEASE
    Office buildings

    3200 Gateway Centre Blvd, Cary, NC 27560

    70,479 SF 9.48 ac lot Built 2001
    Entity Owned ~ Est. High Equity
    Property ID
    US53-0085856
    Property summary
    AI-generated overview

    Gateway Centre, located at 3200 Gateway Centre Blvd in Morrisville, NC 27560, offers a significant flex space sublease opportunity. This single-story industrial building totals 70,479 square feet, with 56,983 square feet currently available. The property boasts a convenient location in Wake County, offering easy access to I-40, making it an ideal location for businesses needing efficient transportation links. The space is suitable for a variety of uses, including flex or laboratory operations. The high ceilings are a key feature, measuring 11'3" with a dropped ceiling and a remarkable 19'8" to the roof deck, providing ample vertical space for various needs. Parking is readily available, with a ratio of 6.5 spaces per 1,000 square feet. The property is classified as multi-tenant, presenting a flexible environment for businesses of varying sizes. This prime location in Morrisville, North Carolina, offers a compelling opportunity for businesses seeking a substantial and well-equipped industrial space. The ample square footage and strategic location make this property a highly attractive option for companies looking to expand or relocate. The building's design and features are well-suited for a range of industrial and flex-space applications. Interested parties are encouraged to inquire for further details and to schedule a viewing.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Total area 70,479 SF
    Lot 9.48 ac (412,949 SF)
    Zoning code ORD
    APN 0756.04-84-2446 0239828
    UPID US53-0085856
    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
    $9.62M
    CAP Approach CAP
    $20.34M
    Comparable Approach Comparable
    $11.09M
    Blend (final) Blend
    $14.99M
    Owner & transaction history
    Cs Raleigh Gateway LLC
    Cs Raleigh Gateway LLC
    since 2025
    Last sale
    $16.1M
    7 recorded transactions
    2025
    $9.2M
    2022
    $16.1M
    2022
    2019
    2018
    2018
    2016
    $5.3M
    Zoning & alternative use
    ORD · Morrisville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $24.3M +61.6%
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