Morrisville, NC Commercial Real Estate for Lease - 94 Listings

Aerial Center Executive Park - 5001 Hospitality Court

5001 Hospitality Court, Crabtree Creek, Morrisville, NC
Property

Office

25,136 SF
Availability

1 Space

3,554 SF
Year Built

1993
For Lease Contact for pricing
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Research Triangle Park - Keystone Technology Park - Tech 2

511 Davis Drive, Keystone Crossing, Morrisville, NC
Property

Office

75,907 SF
Availability

1 Space

19,323 SF
Year Built

1997
For Lease Contact for pricing
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Aerial Center Executive Park - 2501 Aerial Center Pkwy

2501 Aerial Center Pkwy, Crabtree Creek, Morrisville, NC
Property

Office

43,424 SF
Availability

2 Spaces

10,235 SF
Year Built

1999
For Lease Contact for pricing
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Lenovo USA - Building 2

1025 Think Place, Providence Place, Morrisville, NC
Property

Office

189,810 SF
Availability

5 Spaces

187,040 SF
Year Built

2006
For Lease Contact for pricing
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Forty540 - Building 2

710 Slater Road, Providence Place, Morrisville, NC
Property

Office

198,535 SF
Availability

2 Spaces

10,653 SF
Year Built

2021
For Lease

$33.00 - $35.50/SF/YR
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Concourse Lakeside I

2801 Slater Road, Providence Place, Morrisville, NC
Property

Office

78,380 SF
Availability

5 Spaces

31,002 SF
Year Built

1998
For Lease

$27.50/SF/YR
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Perimeter Park - 5221 Paramount Pkwy

5221 Paramount Pkwy, Providence Place, Morrisville, NC
Property

Office

140,192 SF
Availability

4 Spaces

137,833 SF
Year Built

2008
For Lease Contact for pricing
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Triangle LIFE 8

629 Davis Drive, Keystone Crossing, Morrisville, NC
Property

Unassigned

94,915 SF
Availability

1 Space

27,641 SF
Year Built

1999
For Lease Contact for pricing
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Perimeter Park: Perimeter Three

3015 Carrington Mill Blvd, Providence Place, Morrisville, NC
Property

Office

245,352 SF
Availability

2 Spaces

21,560 SF
Year Built

2014
For Lease

$32.00/SF/YR
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Concourse Lakeside II

2803 Slater Road, Providence Place, Morrisville, NC
Property

Office

77,687 SF
Availability

1 Space

4,417 SF
Year Built

1999
For Lease Contact for pricing
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Devon Center

2101 Gateway Centre Blvd, Crabtree Creek, Morrisville, NC
Property

Office

25,250 SF
Availability

1 Space

4,101 SF
Year Built

2002
For Lease

$21.00/SF/YR
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Southport 11

909 Aviation Parkway, Green Woods, Morrisville, NC
Property

Office

60,000 SF
Availability

2 Spaces

8,005 SF
Year Built

1998
For Lease

$30.00 - $35.00/SF/YR
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Southport 5

133 Southcenter Court, Green Woods, Morrisville, NC
Property

Unassigned

56,000 SF
Availability

1 Space

16,803 SF
Year Built

1993
For Lease Contact for pricing
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Research Triangle Park - Keystone Technology Park - Tech 11

637 Davis Drive, Kitts Creek, Morrisville, NC
Property

Office

60,033 SF
Availability

1 Space

60,033 SF
Year Built

2001
For Lease Contact for pricing
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Aerial Center Executive Park - 6001 Hospitality Court

6001 Hospitality Court, Crabtree Creek, Morrisville, NC
Property

Office

56,541 SF
Availability

1 Space

24,249 SF
Year Built

1995
For Lease Contact for pricing
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Aerial Center Executive Park - 8001 & 9001 Aerial Center Pkwy

8001 Aerial Center Pkwy, Crabtree Creek, Morrisville, NC
Property

Office

46,884 SF
Availability

2 Spaces

27,098 SF
Year Built

1995
For Lease Contact for pricing
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Research Triangle Park - Keystone Technology Park - Tech 5

615 Davis Drive, Keystone Crossing, Morrisville, NC
Property

Office

65,095 SF
Availability

1 Space

5,308 SF
Year Built

1998
For Lease Contact for pricing
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Perimeter Park: 1700 Perimeter

1700 Perimeter Park Dr, Providence Place, Morrisville, NC
Property

Office

77,312 SF
Availability

1 Space

77,312 SF
For Lease

$26.50/SF/YR
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15,000 - 75,000 SF Available

3000 Perimeter Park Dr, Green Woods, Morrisville, NC
Property

Industrial
Availability

1 Space

75,000 SF
For Lease Contact for pricing
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Perimeter Park - 1800 Perimeter Park Drive

1800 Perimeter Park Drive, Providence Place, Morrisville, NC
Property

Office

53,305 SF
Availability

2 Spaces

36,887 SF
Year Built

1994
For Lease

$26.50/SF/YR
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Southport 10

215 Southport Drive, Green Woods, Morrisville, NC
Property

Unassigned

63,744 SF
Availability

5 Spaces

55,059 SF
Year Built

1996
For Lease Contact for pricing
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Aerial Center Executive Park- Sublease

2701 Aerial Center Pkwy, Crabtree Creek, Morrisville, NC
Property

Office

42,960 SF
Availability

1 Space

21,175 SF
Year Built

2000
For Lease

$20.00/SF/YR
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5101 Nelson Road-Sublease

5101 Nelson Rd, Raleigh Durham International Airport, Morrisville, NC
Property

Industrial

73,778 SF
Availability

1 Space

19,549 SF
Year Built

1990
For Lease

$10.92/SF/YR
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Research Triangle Park - Keystone Technology Park - Tech 10

635 Davis Drive, Keystone Crossing, Morrisville, NC
Property

Office

78,167 SF
Availability

2 Spaces

36,205 SF
Year Built

2000
For Lease Contact for pricing
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RDU Center III

2121 RDU Center Drive, Raleigh Durham International Airport, Morrisville, NC
Property

Office

114,518 SF
Availability

1 Space

10,365 SF
Year Built

2008
For Lease Contact for pricing
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The Park at Gateway Centre East

3800 Gateway Centre Blvd, Crabtree Creek, Morrisville, NC
Property

Office

72,385 SF
Availability

1 Space

10,159 SF
Year Built

1987
For Lease

$19.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Morrisville commercial real estate market incorporates 6,094,067 square feet of office space across 56 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Morrisville commercial real estate market includes 941,480 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Morrisville market, there is a total of 645,415 square feet of industrial property.

The listing inventory in Morrisville incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Morrisville is represented by Office space, which accounts for 3,306,990 square feet of available listings. Retail space available in Morrisville adds up to 554,662 square feet.

Meanwhile, most of the listings of commercial property for sale in Morrisville are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Morrisville is $28 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Morrisville can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Morrisville, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Morrisville is in the Providence Place neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Providence Place area.

Meanwhile, retail space opportunities are most abundant in the Kitts Creek submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Green Woods.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $35 per square foot. In particular, the property type commanding the highest lease rates in Morrisville was Office space.

Conversely, the highest sale price last year was $12,500,000 that is located at 2121 RDU Center Drive.

The average size of a commercial property in Morrisville depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Morrisville, the average size of an office property is 110,802 square feet.
Retail properties here incorporate an average of 134,498 square feet.
Industrial space in Morrisville is in buildings that are, on average 58,675 square feet in size.

Morrisville, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Morrisville currently add up to 4,594,786 square feet. The market offers 59 active office listing(s), which amount to 3,426,318 square feet and account for 72% of commercial spaces on the market. Local retail availability includes 554,662 square feet across 6 retail space(s). Industrial space for rent opportunities in Morrisville amount to 321,083 square feet across a total of 13 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	59	3,426,318
Retail	6	554,662
Industrial	13	321,083
Other	3	292,723

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Morrisville, NC. Currently, there is 132,674 square feet of commercial property for sale here , which includes 3 office building(s) for sale , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	72,614
Industrial	1	60,053
Other	3	7

Morrisville, NC Commercial Real Estate for Lease - 94 Listings

Aerial Center Executive Park - 5001 Hospitality Court

Research Triangle Park - Keystone Technology Park - Tech 2

Aerial Center Executive Park - 2501 Aerial Center Pkwy

Lenovo USA - Building 2

Forty540 - Building 2

Concourse Lakeside I

Perimeter Park - 5221 Paramount Pkwy

Triangle LIFE 8

Perimeter Park: Perimeter Three

Concourse Lakeside II

Devon Center

Southport 11

Southport 5

Research Triangle Park - Keystone Technology Park - Tech 11

Aerial Center Executive Park - 6001 Hospitality Court

Aerial Center Executive Park - 8001 & 9001 Aerial Center Pkwy

Research Triangle Park - Keystone Technology Park - Tech 5

Perimeter Park: 1700 Perimeter

15,000 - 75,000 SF Available

Perimeter Park - 1800 Perimeter Park Drive

Southport 10

Aerial Center Executive Park- Sublease

5101 Nelson Road-Sublease

Research Triangle Park - Keystone Technology Park - Tech 10

RDU Center III

The Park at Gateway Centre East

Frequently Asked Questions

Morrisville, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Morrisville, NC Commercial Real Estate for Lease - 94 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Morrisville, NC?

What factors affect the price of commercial real estate in Morrisville, NC?

What is the average rent for commercial space in Morrisville, NC?

What are the best areas for commercial real estate in Morrisville, NC?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Morrisville, NC?

Morrisville, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us