- 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.
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Contacts
Rich Commercial Realty
Rich Commercial Realty
Rich Commercial Realty