Cary / Morrisville is a established-tier Class A submarket of Raleigh-Durham with average asking rent around $32/sqft/yr.
Tech-tilted suburban submarket near RDU. · Tier: established · Avg rent: $32/sqft/yr
Cary and Morrisville anchor the suburban tech corridor between Raleigh and RTP — SAS Institute, Epic Games, and Lenovo headquarters.
Tech (SAS, Epic Games, Lenovo), gaming, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
GoTriangle bus; car-dependent.
Multi-modal transit captures the metro's principal professional catchment.
Fenton, Park West Village, RDU Airport.
Cary / Morrisville is one of 5 Class A submarkets we cover in Raleigh-Durham, classified as established tier with an average asking rent around $32/sqft/yr. Compared with the broader Raleigh-Durham Class A stock, Cary / Morrisville typically attracts Tech (SAS, Epic Games, Lenovo), gaming, professional services and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Cary / Morrisville: Downtown Raleigh, Downtown Durham, Research Triangle Park, North Hills. The full Raleigh-Durham submarket atlas is at /cities/raleigh-durham.
For an institutional Class A occupier evaluating Cary / Morrisville, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Raleigh-Durham Class A leasing and to the established tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.