Research Triangle Park - Cisco Campus 11
7200-11 Kit Creek Road, Morrisville, NC 27560
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- Property Type Office - R&D - Office
- Property Size 207,258 SF
- Lot Size 81.65 Acre
- Parking Spaces Avail. 663
- Parking Ratio 3.20/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class A
- Year Built 2001
- City Morrisville, NC
- Neighborhood Kitts Creek
- 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 $2,689,665
- Market Value* $344,519,757
- Assessed Value $344,519,757
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 Research Triangle Park - Cisco Campus 11?
Research Triangle Park - Cisco Campus 11 totals 207,258 square feet.
When was this property built?
Research Triangle Park - Cisco Campus 11 was built in 2001.
What is the property tax for Research Triangle Park - Cisco Campus 11?
The property tax for Research Triangle Park - Cisco Campus 11 in 2021 was $2,689,665.
What is the market value for Research Triangle Park - Cisco Campus 11?
The market value* for Research Triangle Park - Cisco Campus 11 in 2021 was $344,519,757.
*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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