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Retail Building with On-Site Parking
For Lease
$18 SF/Yr

230 N Equity Drive, Smithfield, NC 27577

An adaptable interior and roll-up door support a range of commercial tenant build-outs.

Space Size15,616 SF
Lot Size2.42 Acres
Days on Market171

Property Features for 230 N Equity Drive

General Information

Standard status Active
Size 15,616 SF
Net Rentable 15,616 SF
Total Parking Spaces 71
Lot size 2.42 Acres
Zoning COM

Space & Availability

Available Space 15,616 SF
Contiguous Space 15,616 SF

Site & Location

Highway Access Yes
Road Access Yes

Amenities

circle drive
one roll-up door

Building Details

Building Size 15,616 SF
Year Built 1994
Stories 1
Parking Ratio 4.5 per 1,000 SF
Listed By: Louise Griffin
Source: Breezerealtynetwork
Added: May 13 Changed: Oct 25 Last Checked: Oct 29 at 6:34PM

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 Louise Griffin

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Investment Insights

Based on property information with market context.

This 15,616-square-foot retail building dates to 1994 and occupies 2.42 acres. Its interior is offered for tenant build-out, and the property includes a roll-up door, a circular driveway and 71 parking spaces. Potential configurations noted for the property include showroom, event, office and studio uses.

The site is on US-301, next to Carolina Premium Outlets and Smithfield Cinemas, with access to I-95 at Exit 95. Hotels and restaurants are also present in the surrounding corridor.

Key Highlights

  • 15,616‑square‑foot building on 2.42 acres
  • 71 parking spaces and a circular driveway
  • One roll‑up door; interior available for tenant build‑out

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Kitchen & Bath Showroom Law Firm Parking Lot & Garage

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

470
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Smithfield, NC

$19 /SF/Yr
Avg Asking Price
$10–$29 /SF/Yr
Price Range
10,049 SF
Avg Space Size

This space is priced 5% below the average of $19 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An adaptable interior and roll-up door support a range of commercial tenant build-outs.
Where is this retail space located?
The property is located at 230 N Equity Drive Smithfield, NC.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 15,616‑square‑foot building on 2.42 acres; 71 parking spaces and a circular driveway; One roll‑up door; interior available for tenant build‑out
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