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Lenovo Enterprise Campus - Building 7
Off-Market
7001 Development Drive, Morrisville, NC 27560
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - R&D - Office
- Property Size 245,310 SF
- Lot Size 25.48 Acre
- Parking Spaces Avail. 981
- Parking Ratio 4.00/ 1,000 SF
- Property Tenancy Single Tenant
- LEED Certified Gold
- Building Class A
- Year Built 1995
False
Location
- City Morrisville, NC
- Neighborhood Kitts Creek
- Zip Code 27560
- Market Raleigh Durham
Contacts
Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.
Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Mortgages
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.
- 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
Tax
- Property Tax in 2021 $358,110
- Market Value* $45,870,410
- Assessed Value $45,870,410
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 Enterprise Campus - Building 7?
Lenovo Enterprise Campus - Building 7 totals 245,310 square feet.
When was this property built?
Lenovo Enterprise Campus - Building 7 was built in 1995.
When was Lenovo Enterprise Campus - Building 7 last sold?
Lenovo Enterprise Campus - Building 7 was last sold on 24 Jan, 2018.
What is the property tax for Lenovo Enterprise Campus - Building 7?
The property tax for Lenovo Enterprise Campus - Building 7 in 2021 was $358,110.
What is the market value for Lenovo Enterprise Campus - Building 7?
The market value* for Lenovo Enterprise Campus - Building 7 in 2021 was $45,870,410.
*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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