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Research Triangle Park - Cisco Campus 3
7025-3 Kit Creek Road, Morrisville, NC 27560
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- Property Type Office - R&D - Office
- Property Size 81,171 SF
- Lot Size 31.46 Acre
- Parking Spaces Avail. 349
- Parking Ratio 4.30/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1996
- 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 $1,199,170
- Market Value* $153,602,019
- Assessed Value $153,602,019
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 3?
Research Triangle Park - Cisco Campus 3 totals 81,171 square feet.
When was this property built?
Research Triangle Park - Cisco Campus 3 was built in 1996.
When was Research Triangle Park - Cisco Campus 3 last sold?
Research Triangle Park - Cisco Campus 3 was last sold on 26 Apr, 2002.
What is the property tax for Research Triangle Park - Cisco Campus 3?
The property tax for Research Triangle Park - Cisco Campus 3 in 2021 was $1,199,170.
What is the market value for Research Triangle Park - Cisco Campus 3?
The market value* for Research Triangle Park - Cisco Campus 3 in 2021 was $153,602,019.
*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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