outparcels for ground lease (morrisville square)

100 & 107 Morrisville Square Way, Morrisville, NC, Wake 27560

Development Land

TCC (Town Center Commercial)

Added: 2022-02-02 Updated: 2022-07-11
Active Call broker for details

RARE DEVELOPMENT OPPORTUNITY IN MORRISVILLE SQUARE - TWO OUTPARCELS AVAILABLE FOR GROUND LEASE. Vacant commercial land is scarce in Morrisville and western Wake County. This is a rare opportunity to develop and own your own building in Morrisville Square. Property is centrally located in the Triangle, minutes from RDU, with easy access to major highways and medical institutions. High-net-worth demographic. Zoned TCC - Town Center Commercial. Retail demand outlook and retail gap analysis (reports available upon request) forecast significant increase in demand and spending and considerable gap for retailers within a 5-mile radius of site. *Outparcel 1 is .87 acres of land with frontage on Morrisville Carpenter Way with AADT 16,642. Available site plan for this parcel allows for 7,000 SF, 1-story building. * Outparcel 2 is 1.06 acres of land adjacent to Morrisville Square Shopping Center. Available site plan allows for 8,800 SF, 1-story building on this parcel. Parking requireme

Listing contacts

Vandan Gandhi, CCIM
Durham Southpoint
(919) 475-5769