3025 Carrington Mill BlvdMorrisville, NC 27560

Property Details for 3025 Carrington Mill Blvd

Year built

2015

Lot size

13.54 AC

Property size (Sq ft)

192,586 SF

Zone code

OI

Property type

Office buildings

APN

0746.02-99-5860 0421391

APU

746029958600421391

Description

Perimeter Four, a stunning Class A office building in Morrisville, NC's desirable Raleigh submarket, offers 193,413 square feet of executive office space. This exceptional property boasts six suites, with a minimum divisible space of 6,310 square feet and a maximum contiguous space of 39,494 square feet. Currently, 161,749 square feet are available for lease. Located at 3025 Carrington Mill Blvd, Morrisville, NC 27560, this prime location provides unparalleled convenience, situated just three minutes from Raleigh-Durham International Airport and easily accessible via I-40 and I-540. The building features efficient floor plans, a striking glass exterior, and an impressive lobby. On-site amenities include a state-of-the-art fitness center, a convenient conference center, and scenic walking trails. Enjoy the vibrant surrounding area, home to over 50 restaurants and retailers, ensuring a dynamic and convenient work environment. The property benefits from responsive, proactive on-site property management, ensuring a seamless and efficient experience for tenants. This is an exceptional opportunity to secure high-quality office space in a thriving location. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $41,360,736

  6.5%

  $38,179,140

  7%

  $35,452,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $44,754,548

  Geo Method

  $44,206,192

• Alternative Use

  Use

  Valuation

  Residential

  $47,342,136

  Hospitality

  $43,365,140

  Educational

  $36,079,288

  Medical

  $37,320,112

  Retail

  $56,123,336

Location Insight

City

Morrisville

County

Wake

State

North Carolina

Latitude

35.865

Longitude

-78.8327

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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