Smithfield, NC Industrial Properties for Lease
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Selma, NC
Pine Level, NC
Four Oaks, NC
Clayton, NC
Garner, NC
Princeton, NC
Benson, NC
Goldsboro, NC
- Selma, NC
- Pine Level, NC
- Four Oaks, NC
- Clayton, NC
- Garner, NC
- Princeton, NC
- Benson, NC
- Goldsboro, NC
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Industrial properties for Lease in Nearby Cities
Smithfield, NC Industrial properties Lease Rates & Market Statistics
Explore 7 Industrial properties for lease in Smithfield, NC on Realmo, a commercial real estate exchange covering the Smithfield area. The current inventory totals 183,472 square feet of properties.
Industrial properties lease rates in Smithfield range from $8.40 SF/Yr at the entry level to $10 SF/Yr at the top of the market, averaging $8.80 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $8.80 SF/Yr is 38% below the North Carolina state average of $14.08 SF/Yr.
Smithfield accounts for 64% of the 11 industrial properties currently available across Johnston County, where nearby markets include Selma and Clayton.
How to lease industrial property in Smithfield, NC
- Define your operational specs. List the requirements that can't be changed later: clear height, dock doors, floor load capacity, column spacing, and 3-phase power for equipment.
- Position for your supply chain. Use Location Intelligence to compare Smithfield, NC submarkets by highway, rail, and port access. Infill sites near urban cores cost more but win last-mile delivery.
- Verify zoning and building condition. Confirm your use (manufacturing, distribution, storage) is permitted, and inspect truck court depth (120+ ft. for modern trailers), HVAC, and roof condition.
- Order an environmental assessment. Request a Phase I environmental report. Without protective lease language, tenants can inherit liability for contamination left by prior industrial users.
- Model the NNN economics. Industrial leases are typically triple net with 2–4% annual escalations. Calculate total occupancy cost, not just base rent, using the Lease Calculator.
- Negotiate term, TI, and expansion rights. Standard terms run 3–7 years. Trade a longer commitment for a bigger TI allowance and secure renewal options plus rights on adjacent space. Plan 60–120 days from search to occupancy.
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