925 N Brightleaf Smithfield, NC 27577
Exceptional commercial property with high visibility and excellent highway access.
Property Features for 925 N Brightleaf
General Information
- Standard status
- Active
- Size
- 1,836 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing office ESP REALTY (919) 205-3388
Listing date Apr 13, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location on a primary retail corridor in Smithfield.
- Excellent highway access, less than one mile from I‑95.
- Proximity to Carolina Premium Outlets and national retailers.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.7k | $21.60 |
| − Vacancy | −$1.1k | −$0.60 |
| EGI | $38.5k | $21.00 |
| − OpEx | −$9.6k | −$5.25 |
| NOI | $28.9k | $15.75 |
