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Retail Center with End Cap
For Lease
$28 SF/Yr

819-831 N Brightleaf Blvd, Smithfield, NC 27577

Renovation and expansion are complete, offering cold dark shell retail space with a negotiable tenant improvement allowance.

Space Size1,000 SF - 1,500 SF
Property Size16,184 SF
Days on Market53

Property Features for 819-831 N Brightleaf Blvd

General Information

Standard status Active
Size 1,000 SF - 1,500 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 16,184 SF
Year Built 1965

Spaces For Lease

at 819-831 N Brightleaf Blvd Contact us

829 N Brightleaf Blvd $28/SF/Yr

Size
1,500 SF
Type
Strip Center
Term
60 months
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835 N Brightleaf Blvd $28/SF/Yr

Size
1,000 SF
Type
Strip Center
Term
60 months
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837 N Brightleaf Blvd $28/SF/Yr

Size
1,003 SF
Type
Strip Center
Term
60 months
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Listing Agency:
Listed By: Jim Perricone · License #NC #256210
Source: Partnerscrnc
Added: Jun 25 Changed: Aug 14 Last Checked: Aug 16 at 5:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jim Perricone

Investment Insights

Based on property information with market context.

This retail center features a completed renovation and expansion that began in April 2023. An existing building was expanded by approximately 3,000 square feet, with refacing to match. In addition, a second 5,684 square foot building was constructed adjacent to, but set back from, the extended building. The project includes space delivered as a cold dark shell, with a negotiable tenant improvement allowance and a minimum term of 5 years, and space sizes may be adjusted across units.

The center is located on N Brightleaf Blvd in Smithfield, within the business district between Market Street and Durwood Stephenson Parkway, and is supported by an AADT of approximately 26,000.

The expansion end cap is occupied by Batteries Plus (opened February 2025), and Enterprise Rent-A-Car relocated from a now-demolished standalone building to the Waddle Dr end cap. Space is currently available across units 833, 835, and 837 (2021 N Brightleaf Blvd).

Key Highlights

  • Renovation and expansion completed (project began April 2023).
  • 7,500 SF existing building expanded by 3,000 SF, plus exterior refacing to match.
  • Includes an adjacent, set‑back second building of 5,684 SF.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Garden Center Parking Lot & Garage Storage Facility Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

695
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27577, NC

24,972
Population
10,744
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
82%
High-School Grad
103.7 sq mi
ZIP Area
241
Density / Sq Mi
$56,237
Median Household Income
$39,604
Median Earnings
$802
Median Rent
$230,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Renovation and expansion are complete, offering cold dark shell retail space with a negotiable tenant improvement allowance.
Where is this shopping center located?
The property is located at 819-831 N Brightleaf Blvd Smithfield, NC.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Renovation and expansion completed (project began April 2023).; 7,500 SF existing building expanded by 3,000 SF, plus exterior refacing to match.; Includes an adjacent, set‑back second building of 5,684 SF.
More about this property
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