711 E Rose St Smithfield, NC 27577
For Lease
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711 E Rose Street, Smithfield, NC offers a unique opportunity to lease warehouse space in a prime South Smithfield location. This industrial property comprises seven separate buildings totaling 46,000 square feet, situated on 2.3 acres of land. The property is conveniently located off US Hwy 301/S Brightleaf Blvd, behind a retail building and pre-owned auto dealership, providing excellent visibility and accessibility. Its strategic position offers easy access to major transportation arteries, including I-95 (just one mile away, Exit 93), US Highway 70, and I-40, ensuring efficient logistics and distribution. The property is zoned COM and is adjacent to a railroad line, further enhancing its logistical advantages. Individual units range from a minimum of 4,000 square feet to a maximum contiguous space of 7,500 square feet, offering flexibility for various business needs. While the units are not climate-controlled, they provide basic warehouse storage solutions. Buildings 1 and 5 boast a 12-foot clear height. Built in 1976, this property presents a solid investment opportunity in a thriving Johnston County location. Seven spaces are currently available for lease. Contact us today to learn more about this exceptional warehouse opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COM · Smithfield, NCSmithfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.