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RDU Center I 3000 Rdu Center Dr 60,083 SF 57% Leased Office Building Morrisville, NC 27560 $9,539,250 CAD ($158.77 CAD/SF)
INVESTMENT HIGHLIGHTS
- RDU Center I is an excellent office building priced well below replacement cost, offering an attractive cost basis.
- Strategically positioned at the core of the region’s dynamic life science and technology cluster less than 10 minutes from Research Triangle Park.
- Comprises spacious layouts and efficient floor plates that create a building load factor of 10%, below the market standard of 15%.
- Extensive renovations are currently underway by existing ownership, which includes refurbished lobbies, restrooms, and a new roof.
- Ample parking on-site (5.6/1,000) with two EV dual charging stations to accommodate even the most dense workplace environments.
- Benefit from immediate proximity to the Raleigh-Durham International Airport with exceptional access to Interstate 40.
EXECUTIVE SUMMARY
RDU Center I is an efficient two-story, multi-tenant office building containing 60,083 square feet, and features renovated lobbies, refreshed restrooms, and a new roof. Situated on 7.99 acres in the heart of the Triangle, the property is set within a beautiful park-like setting with ample on-site parking at a 5.6/1,000 parking ratio. RDU Center I boasts unparalleled access to the Raleigh-Durham International Airport and Interstate 40, providing easy commutes and travel in and out of town.
With over 37,000 square feet of contiguous space available for immediate occupancy on the second floor and existing income to offset occupancy cost, the property is an ideal opportunity for businesses seeking to own their own real estate, or investors to acquire a high-quality asset at a price well below replacement cost and create value through enhanced cash flows.
Strategically positioned at the core of the region’s dynamic life science and technology cluster, RDU Center I is in a prime Raleigh locale. Raleigh is notably the #1 IT city in the US after Silicon Valley. It is also home to three research universities, making for a highly educated workforce.
With over 37,000 square feet of contiguous space available for immediate occupancy on the second floor and existing income to offset occupancy cost, the property is an ideal opportunity for businesses seeking to own their own real estate, or investors to acquire a high-quality asset at a price well below replacement cost and create value through enhanced cash flows.
Strategically positioned at the core of the region’s dynamic life science and technology cluster, RDU Center I is in a prime Raleigh locale. Raleigh is notably the #1 IT city in the US after Silicon Valley. It is also home to three research universities, making for a highly educated workforce.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
60,083 SF
Building Class
B
Year Built/Renovated
1999/2020
Price
$9,539,250 CAD
Price Per SF
$158.77 CAD
Percent Leased
57%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
30,042 SF
Slab To Slab
15’
Building FAR
0.17
Lot Size
7.99 AC
Zoning
ORD - Office
Parking
337 Spaces (5.61 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Class A office for lease with two-story atrium entrance
Class A office for lease with two-story atrium entrance
- 1st Fl-Ste 120
- 4,738 SF
- Office
- -
- Now
Class A office for lease with two-story atrium entrance
- 2nd Fl-Ste 200
- 8,528 SF
- Office
- Full Build-Out
- 30 Days
- 2nd Fl-Ste 201
- 10,793 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 6,473 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 118 | 1,801 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 120 | 4,738 SF | Office | - | Now |
| 1st Fl-Ste 125 | 1,788 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 8,528 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 201 | 10,793 SF | Office | - | Now |
1st Fl-Ste 102
| Size |
| 6,473 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 118
| Size |
| 1,801 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 120
| Size |
| 4,738 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 125
| Size |
| 1,788 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 8,528 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 201
| Size |
| 10,793 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 102
| Size | 6,473 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Class A office for lease with two-story atrium entrance
1st Fl-Ste 118
| Size | 1,801 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Class A office for lease with two-story atrium entrance
1st Fl-Ste 125
| Size | 1,788 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Class A office for lease with two-story atrium entrance
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
2
25,768
140,649
2024 Population
1
28,963
148,310
Population Growth '20-'24
-50.0%
12.4%
5.5%
2020 Households
2
10,951
60,093
2024 Households
1
12,276
63,263
Household Growth '20-'24
-50.0%
12.1%
5.3%
Average Age
3
36
37
Median Household Income
$137,500
$97,990
$99,764
Daytime Employees
7,600
38,328
101,370
Total Businesses
125
2,069
8,954
College Degree + Higher
--
67%
63%
$ values in USD
PROPERTY TAXES
| Parcel Number | 0766.03-04-6341-000 | Improvements Assessment | $10,278,352 CAD |
| Land Assessment | $2,002,992 CAD | Total Assessment | $12,281,344 CAD |
PROPERTY TAXES
Parcel Number
0766.03-04-6341-000
Land Assessment
$2,002,992 CAD
Improvements Assessment
$10,278,352 CAD
Total Assessment
$12,281,344 CAD
1 of 29
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Company Not Provided
RDU Center I | 3000 Rdu Center Dr
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