Marketplace at Perimeter Park

10970 Chapel Hill Rd, Morrisville, NC 27560

Property Information

  • For Sale $8,275,000
  • Property Type Retail
  • Property Size 20,061 SF
  • Lot Size 2.6 Acre
  • NOI / YR $537,967.00
  • Year Built 2009
  • Date Updated Oct 26, 2026

Description

RCR is pleased to present the opportunity to acquire The Marketplace at Perimeter Park, a 20,061 square-foot, fully leased neighborhood retail center on the Chapel Hill Road corridor in Morrisville. The property sits at the convergence of three of the Triangle’s strongest demand drivers: the Perimeter Park Class A office campus, Research Triangle Park, and Raleigh-Durham International Airport, which served a record 15.6 million passengers in 2025 and has committed $2.5 billion toward expansion.

The center is 100% leased to a diversified, recession-resistant mix of restaurant, healthcare, personal care and convenience tenants, several of whom have operated at the property for more than a decade. Below-market in-place rents, net lease structures with contractual annual escalations, and minimal rollover before 2030 provide investors with stable income today and embedded upside in one of the Southeast’s fastest-growing submarkets.

Contacts

Location

Located at 10970 Chapel Hill Rd, Morrisville, NC 27560, this property is part of the Providence Place neighborhood and Raleigh Durham market.

Contact Marketplace at Perimeter Park
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