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Flexible Retail and Office Strip Center
For Lease
$23 SF/Yr

388 Venture Dr, Smithfield, NC 27577

Retail and office suites include configurable cold dark shell space within an established center anchored by two named occupants.

Space Size2,300 SF - 8,750 SF
Property Size27,000 SF
Days on Market67

Property Features for 388 Venture Dr

General Information

Standard status Active
Size 2,300 SF - 8,750 SF
Property subtype Retail
Lease Term MG

Building Details

Building Size 27,000 SF
Year Built 2005

Spaces For Lease

at 388 Venture Dr Contact us

Suite TBD 8750 SF

Size
8,750 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite D $23/SF/Yr

Size
2,300 SF
Term
Negotiable
Contact us
Listing Agency: Partners Commercial Realty
Listed By: Adam Capani, CCIM · License #NC #281908
Source: Partnerscrnc
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 30 at 5:55AM

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 Partners Commercial Realty

Investment Insights

Based on property information with market context.

Venture Pointe is a strip center offering retail and office space, including 8,750 SF of cold dark shell that can be configured for a tenant’s requirements. The property was built in 2005 and is anchored by MedFast Urgent Care and Rent-A-Center.

Located at 388 Venture Dr in Smithfield, the center provides access to I-95 and sits less than a mile from US 301 Hwy/Brightleaf Blvd. The property is around the corner from Carolina Outlet Center and the hotel and restaurant district, with a pond and cul-de-sac bordering the site.

Key Highlights

  • 8,750 SF of cold dark shell space available for configuration
  • Retail and office space within a strip center built in 2005
  • Anchored by MedFast Urgent Care and Rent‑A‑Center

Property Analytics

Current Use

Gallery Furniture Inc Furniture & Home Goods Saleeby Saleeby Physician Diana Walker Physician Rent-A-Center Furniture & Home Goods Partners Commercial Realty Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Storage Facility Dental Office Kitchen & Bath Showroom

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail and office suites include configurable cold dark shell space within an established center anchored by two named occupants.
Where is this strip mall located?
The property is located at 388 Venture Dr Smithfield, NC.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 8,750 SF of cold dark shell space available for configuration; Retail and office space within a strip center built in 2005; Anchored by MedFast Urgent Care and Rent‑A‑Center
More about this property
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