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Retail Space with Roll-Up Door
For Lease
$18 SF/Yr

230 N Equity Drive, Smithfield, NC 27577

Commercial Lease, Smithfield, NC

Space Size15,616 SF
Lot Size2.42 Acres
Days on Market142

Property Features for 230 N Equity Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COM
Standard status Active
APN 15008045C
Size 15,616 SF
Lot size 2.42 Acres

Taxes and HOA fees

Tax Description Lot 6 Stuart Simon Properties 95/23
Legal Description Lot 6 Stuart Simon Properties 95/23

Amenities

circle drive
roll-up door

Building Details

Year built 1994
Floors in Building 1
Listing Agency: Century 21 Triangle Group · Century 21 Real Estate
Listed By: Michelle Waite · License #357092
Added: May 13 Changed: Aug 19 Last Checked: Oct 1 at 2:06PM
MLS# 10166922

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 15,616-square-foot retail building occupies 2.42 acres and offers an open interior that can be configured for specialty retail, showroom, event, conference, medical, professional office, government, or creative studio use. A single roll-up door supports practical receiving and service access, while the 71-space parking area and circular drive accommodate daily visitors and staff. Built in 1994, the property provides a substantial commercial footprint with room for a tenant-specific layout.

The site is directly adjacent to Carolina Premium Outlets and Smithfield Cinemas along US-301, with immediate access to I-95 at Exit 95. The surrounding corridor includes more than 10 national-brand hotels and restaurants such as Cracker Barrel, Golden Corral, Panera Bread, and Old North State Food Hall. Its Smithfield setting places the building within Johnston County's established retail and hospitality district.

Key Highlights

  • 15,616‑square‑foot building on 2.42 acres
  • Directly adjacent to Carolina Premium Outlets and Smithfield Cinemas
  • Immediate I‑95 access at Exit 95 via US‑301

Property Analytics

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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
View Realmo Analytics

Market

Lease Benchmarks for Smithfield, NC

$22 /SF/Yr
Avg Asking Price
$18–$29 /SF/Yr
Price Range
7,043 SF
Avg Space Size

This space is priced 18% below the average of $22 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial building with an open interior, circular drive, and convenient access to established retail and hospitality businesses.
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; Directly adjacent to Carolina Premium Outlets and Smithfield Cinemas; Immediate I‑95 access at Exit 95 via US‑301
More about this property
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