Smithfield West

For Lease

940 W Market St, Smithfield, NC 27577

You can currently find 15 retail space(s) available for lease at Smithfield West. Designated use type for space listed here includes strip. Current retail listings at this property total 21,355 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Smithfield West.

Space Available For Lease 15

Contacts

broker
Jim Perricone

Partners Commercial Realty

Property Details

  • Property Type Retail - Strip
  • Property Size 21,600 SF
  • Units 15
  • Lot Size 0.56 Acre
  • Parking Spaces Avail. 108
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2026
  • Date Updated Sep 22, 2025
Spans corner around and adjacent to McDonald'sThis new strip center is currently under construction in front of the former Kmart and Heilig-Meyers sites, strategically positioned in the heart of West Smithfield. The development wraps around an existing McDonald’s located at the signalized intersection of W Market Street (US 70 Business) and Wilson’s Mills Road, offering convenient access from both major corridors. Residential growth and market demand in Smithfield, like much of Johnston County, is experiencing rapid expansion. The influx of new housing developments is driving demand for retail services, especially in the underserved West Smithfield area. This new center will introduce much-needed retail inventory to a growing market, offering businesses a chance to serve a rising population and capitalize on the area's momentum.
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Highlights

  • Adjacent to a 70-unit townhome project currently under construction, which will feature direct access to the development
  • Just 1.5 miles from the Amazon distribution facility, providing proximity to a major employment hub
  • Left endcap will have single lane drive-thru & right endcap will have outdoor seating area
  • Minimum Term - 5 Years
  • Only 1.5 miles west on US 70 Hwy Bus to Lennar’s new Finley Landing subdivision
  • Space Delivery - Cold Dark Shell
  • Tenant Improvement Allowance - Negotiable
  • Three miles north on Wilson’s Mills Road lies the proposed Bellamy subdivision, which is progressing through planning review and will add over 1,100 residential units

Getting around

  • 40/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Smithfield, NC
  • Zip Code 27577
  • Market Raleigh Durham

Points of Interest

  • Us Mini-Mart

    0.11 miles

  • Exxon

    0.15 miles

  • BP

    0.42 miles

  • 3G MART

    0.61 miles

  • ChargePoint Charging Station

    1.81 miles

  • Citgo

    2.14 miles

  • Speedway

    2.16 miles

  • Sheetz

    2.24 miles

  • Tesla Supercharger

    2.26 miles

  • Kangaroo Express

    2.43 miles

  • Truck Parking

    3.50 miles

  • East Clayton Community Park Parking

    8.58 miles

  • McDonald's

    0.08 miles

  • DeLeon Pizzeria

    0.61 miles

  • Sweet Southern Snoballs

    0.66 miles

  • Mayflower Seafood Restaurant

    0.81 miles

  • The Gilded Pear Brew House

    1.07 miles

  • FAT'Z SOUL FOOD RESTAURANT & CATERING

    1.12 miles

  • The Diner

    1.13 miles

  • Under The Oak Restaurant and Catering

    1.13 miles

  • Cricket's Grill

    1.30 miles

  • The Chicken Barn

    1.39 miles

  • Food Lion

    0.18 miles

  • Whitley Grocery & Supply

    0.52 miles

  • Compare Foods

    1.61 miles

  • IGA

    1.68 miles

  • L A Nueva Fiesta

    1.98 miles

  • Sparkchasers Aircraft Services Inc.

    2.45 miles

  • Belk

    2.53 miles

  • Clayton General Store

    2.55 miles

  • La Casita

    2.75 miles

  • Walmart Supercenter

    2.80 miles

940 W Market St Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Smithfield West asks $31.00/SF/YR per square foot.

  • The property includes 21,355 square feet of retail space for lease. Of this total, 21,355 square feet are Strip.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    For car-travelling customers, 940 W Market St has a parking ratio of 5.00 / 1,000 SF, offering 108 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jim Perricone

Partners Commercial Realty

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