Land Available For Lease @ 100 Morrisville Square Way - 107 Morrisville Square Way

100 Morrisville Square Way, Morrisville, NC 27560

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Vandan G.

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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 requirements are based upon actual use of the space.

Town of Morrisville must review and approve site plan and building prior to construction on the property. For details on approved uses, please see Morrisville Unified Development Ordinance: https://user-cjghrlw.cld.bz/Morrisville-Unified-Development-Ordinance-Oct-2021-v2/168/. This space offers accomodations for: retail.

Pricing: $0.08/sqft

Availability: Now

Listing ID: 3206090


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Rate: $1 per sqft per year

Size: 46,173 square feet

Type: Land

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