- Property Type Industrial - Warehouse/Distribution
- Property Size 136,000 SF
- Lot Size 8.79 Acre
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1997
False
Contacts
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Owner
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Morrisville
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Morrisville Office Market
Office rental rates are based on aggregated data of asking rates.
- 2022 Avg. Asking Rent $28.67
- 2022 Office Vacancy Rate 17.75%
- 2022 Office Completions (SF)
Morrisville Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2022 Avg. Price per SF $220.15
- 2022 Office Sales Volume $259.8M
- 2022 Number of Transactions 11
Location
Getting Around
-
Walk Score ®
11/100 Car-Dependent -
Bike Score ®
8/100 Somewhat Bikeable
- City Morrisville, NC
- Neighborhood Keystone Crossing
- Zip Code 27560
- Market Raleigh Durham
Points of Interest
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Zone 1: Prearranged Services
3.75 miles
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Zone 4: Limos
3.82 miles
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Cary
7.00 miles
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Durham
9.30 miles
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Sheetz
0.69 miles
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Sam's Club
0.72 miles
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Shell
1.09 miles
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Sheetz
1.95 miles
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Sheetz
2.17 miles
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Circle K
2.17 miles
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Tesla Supercharger
2.37 miles
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Shell
2.46 miles
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Marathon
2.52 miles
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Mobil
2.53 miles
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Fidelity Investments Parking Deck
1.11 miles
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Regional Transit Center Park & Ride
1.14 miles
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Perimeter 6 Parking Deck
1.62 miles
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RDU Park & Ride Lot 3
3.94 miles
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RDU Park & Ride Lot 2
4.23 miles
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Cary Tennis Park North Lot
4.35 miles
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286 Trails
4.72 miles
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Black Creek Greenway, Reedy Creek Access
4.76 miles
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ParkRDU Economy 4
4.89 miles
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RDU Park & Ride Lot 5
5.15 miles
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Bruegger's Bagels
0.49 miles
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Wayback Burgers
0.50 miles
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Burger King
0.58 miles
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Panera Bread
0.62 miles
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Dharani
0.64 miles
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Farmside Kitchen
0.66 miles
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Firehouse Subs
0.67 miles
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Chipotle
0.67 miles
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McDonald's
0.73 miles
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Arby's
0.77 miles
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Sabzi Mandi
0.66 miles
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Walmart Supercenter
0.66 miles
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Target
2.28 miles
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Harris Teeter
2.33 miles
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Harris Teeter
2.41 miles
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Suvidha Indo-Pak Groceries
2.44 miles
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Whole Foods Market
2.80 miles
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Wegmans
2.81 miles
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Halgo European Deli
2.87 miles
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Food Lion
3.09 miles
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Concentra Urgent Care
0.47 miles
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Concentra Physical Therapy
0.48 miles
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Riverbirch Building
1.14 miles
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Morrisville Fire Station 2
2.05 miles
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Cary Orthopaedics
2.63 miles
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Performance Physical Therapy
2.63 miles
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Mint Leaf Dentistry
2.71 miles
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Walgreens
3.08 miles
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Walgreens
3.36 miles
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CVS Pharmacy
3.46 miles
Frequently Asked Questions
What is the total square footage of 701 Distribution Drive?
701 Distribution Drive totals 136,000 square feet.
When was this property built?
701 Distribution Drive was built in 1997.
When was 701 Distribution Drive last sold?
701 Distribution Drive was last sold on 16 Jul, 2019.
What is the property tax for 701 Distribution Drive?
The property tax for 701 Distribution Drive in 2023-2024 was $154,190.
What is the market value for 701 Distribution Drive?
The market value* for 701 Distribution Drive in 2023-2024 was $11,771,190.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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