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Lenovo USA - Building 1
1009 Think Place, Morrisville, NC 27560
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- Property Type Office - General Office
- Property Size 189,810 SF
- Lot Size 13.69 Acre
- Parking Spaces Avail. 759
- Parking Ratio 4.00/ 1,000 SF
- Property Tenancy Single Tenant
- LEED Certified Gold
- Building Class A
- Year Built 2006
- City Morrisville, NC
- Neighborhood Providence Place
- Zip Code 27560
- Market Raleigh Durham
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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.
- 2020 Avg. Asking Rent $23.60
- 2020 Office Vacancy Rate 10.81%
- 2020 Office Completions (SF) 200,000
Morrisville Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $207.16
- Y-o-Y Avg. PpSF Change -16.83%
- 2020 Office Sales Volume $636.3M
- 2020 Number of Transactions 5
- Property Tax in 2021 $407,469
- Market Value* $42,444,735
- Assessed Value $42,444,735
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Lenovo USA - Building 1?
Lenovo USA - Building 1 totals 189,810 square feet.
When was this property built?
Lenovo USA - Building 1 was built in 2006.
When was Lenovo USA - Building 1 last sold?
Lenovo USA - Building 1 was last sold on 04 Sep, 2020.
What is the property tax for Lenovo USA - Building 1?
The property tax for Lenovo USA - Building 1 in 2021 was $407,469.
What is the market value for Lenovo USA - Building 1?
The market value* for Lenovo USA - Building 1 in 2021 was $42,444,735.
*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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