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703 Slater Rd - Slater Station

3,997 - 11,815 SF Office Units Offered at £1,141,520 - £3,466,743 Per Unit in Morrisville, NC 27560

Virtual Tour

Investment Highlights

  • Slater Station at 703 Slater Road offers exceptional office condos with Class A finishes and flexible floor plates for sale or lease.
  • Strategically positioned near the confluence of I-40 and I-540, minutes from Raleigh-Durham International Airport and the Research Triangle Park.
  • Condo ownership is available.
  • Features 24-hour building access, abundant parking, elevator access, and building signage opportunities.
  • Surrounded by numerous amenities, including dining, shopping, lodging, and service options.

Executive Summary

Modern by design, Slater Station at 703 Slater Road offers the opportunity to own and occupy Class A office condos in one of the Research Triangle's premier suburban office submarkets. This 35,000-square-foot, three-story building boasts efficient floor plates and a striking window line, allowing abundant natural light. Each spacious condo is available for sale or lease. On-site amenities include 24-hour building access, ample on-site parking, elevator access, and potential building signage opportunities. For a breath of fresh air, tenants enjoy the outdoor area covered with green space and mature landscaping. Numerous neighborhood amenities, including a variety of shopping, dining, and service options surround Slater Station for superior convenience. Ideally located in Morrisville, Slater Station provides easy access to the entire Research Triangle. The property is directly south of Research Triangle Park, adjacent to the Raleigh-Durham International Airport, on Cary's northwest side, and about 20 minutes from Downtown Raleigh. Morrisville is the ultimate live-work-play community, home to Oracle, Northrop Grumman, Spectrum, and Lenovo. Enjoy easy access to Interstate 40, which runs along the northern edge of Morrisville, and Interstate 540, providing swift connectivity to North Carolina State University, the North Carolina Museum of Art, and the PNC Arena. Take advantage of this rare office condo opportunity at Slater Station, a sought-after destination in North Carolina.

Data Room Click Here to Access

Property Facts

Price £1,141,520 - £3,466,743
Unit Size 3,997 - 11,815 SF
No. Units 2
Total Building Size 35,500 SF
Property Type Office
Property Subtype Medical
Building Class A
Number of Floors 3
Typical Floor Size 11,838 SF
Year Built 2024
Lot Size 2.89 AC
Parking Ratio 4.11/1,000 SF

2 Units Available

Unit Floor 2

Unit Size 3,997 SF
Price £1,141,520
Price Per SF £285.59
Unit Use Office
Sale Type Investment or Owner User
Description

Condo Ownership Opportunity |  Building Signage Available

Sale Notes

Class A Office Building. Excellent location with abundant surrounding amenities. The seller is willing to sell portions of the floor!

2nd Floor - 11,823 Square Feet
2nd Floor - 11,823 Square Feet
2nd Floor - 11,823 Square Feet
Hallway
2nd Floor - 11,823 Square Feet

+2 More

Restrooms
View Photo 2nd Floor - 11,823 Square Feet
View Photo 2nd Floor - 11,823 Square Feet
View Photo 2nd Floor - 11,823 Square Feet
View Photo Hallway
View Photo 2nd Floor - 11,823 Square Feet
View Photo Restrooms
View Photo Restrooms

Unit Floor 3

Unit Size 11,815 SF
Price £3,466,743
Price Per SF £293.42
Unit Use Office
Sale Type Investment or Owner User
Description

Condo Ownership Opportunity |  Building Signage Available

Sale Notes

Class A Office Building. Excellent location with abundant surrounding amenities. The seller is willing to sell portions of the floor!

3rd Floor - 11,815 Square Feet
3rd Floor - 11,815 Square Feet
3rd Floor - 11,815 Square Feet
Hallway
Restrooms

+1 More

Restrooms
View Photo 3rd Floor - 11,815 Square Feet
View Photo 3rd Floor - 11,815 Square Feet
View Photo 3rd Floor - 11,815 Square Feet
View Photo Hallway
View Photo Restrooms
View Photo Restrooms

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
1,366
34,447
113,613
2024 Population
2,160
39,843
125,337
Population Growth '20-'24
58.1%
15.7%
10.3%
2020 Households
666
14,261
47,844
2024 Households
1,029
16,648
52,666
Household Growth '20-'24
54.5%
16.7%
10.1%
Average Age
34
35
37
Median Household Income
$84,687
$103,660
$105,266
Daytime Employees
10,637
42,574
99,065
Total Businesses
444
2,595
7,810
College Degree + Higher
56%
65%
66%
$ values in USD

Nearby Amenities

Hospitals

Rex Hospital Acute Care 13 min drive 9.5 mi
Wakemed Cary Hospital Acute Care 19 min drive 14.5 mi

zoning

Zoning Code C (Commercial)
C (Commercial)

About the Seller

Read More

Sale Advisors

Sale Advisors

(919) 948-7229 x1
Contact
John Powell, President
(919) 948-7229 x1
Contact
John Powell is President of Phoenix Commercial Properties, an industry-leading commercial real estate company in Raleigh North Carolina, representing landlords, tenants, buyers and sellers in commercial transactions.
John is well-respected for his unparalleled professional track record and high ethical standards. As a 31-year veteran in the local commercial real estate landscape, John has built a solid foundation of success by providing timely strategic solutions to entrepreneurial, national and international clients. Leasing, owning and developing commercial real estate is a very complicated endeavor and John provides competent representation to make certain an informed business decision is made. Honesty, professionalism, and attention to detail are John’s highest priorities. His knowledge of the Triangle Region, reputation for getting the ‘right deal done’ and his desire to provide long term benefit make him stand out in a crowded industry.
John specializes in Industrial (R&D, Warehouse, Flex, Manufacturing), Office (Professional & Medical), Investment Analysis, 1031 Exchange, Build-to-Suit Development, Buyer and Tenant Representation, Corporate Relocation, Land Assemblage, and Landlord and Seller Representation. Major projects have included the Kitty Hawk Business Park, Cary, NC, and Pinnacle Park, Apex, NC, and Eastfield Business Park, Selma, NC.
(919) 227-9943
Contact
Thomas Goodwin, CCIM, Principal
(919) 227-9943
Contact
Thomas Goodwin, CCIM is a Principal at Phoenix Commercial Properties, an industry-leading commercial real estate company in Raleigh North Carolina, representing landlords, tenants, buyers and sellers in commercial transactions.

As a commercial real estate advisor, Thomas understands and appreciates the personal side of the real estate business and prides himself on his ability to connect with each of his clients. His “people-first” approach includes listening and understanding each clients’ property needs, offering comprehensive support throughout the entire process, and helping them accomplish each of their objectives.

Thomas grew up in the Raleigh area where he attended NC State University majoring in Sports Management and Minoring in Business Administration. After NC State, Thomas worked for five years in the golf sales industry before deciding to follow his passion and pursue a career in commercial real estate. He joined Phoenix Commercial Properties in 2016 where he focuses his attention mainly on the office and industrial sector. Thomas views his profession as a way to give back to the local community and the people who call it home.
  • Listing ID: 27203239

  • Date on Market: 29/11/2022

  • Last Updated:

  • Address: 703 Slater Rd, Morrisville, NC 27560

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