Your email has been sent.
119 S 3rd St 3,537 SF of Retail Space Available in Smithfield, NC 27577
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,537 SF | 2-3 Years | $18.72 /SF/YR $1.56 /SF/MO $66,213 /YR $5,518 /MO | Triple Net (NNN) |
1st Floor
16 dollars a sq ft per months ! what a deal 119 S Third St Smithfield NC, the current home of The Twisted Willow/Antiques & Uniques, is a 3537 sq/ft space with endless potential. The 120 year old building, rehabilitated in 2021, is a gorgeous blend of modern/industrial design while preserving the original architecture of exposed brick and original wood beams. The TPO roof, Electric, plumbing and HVAC are all new as of 2021. Located in walking distance from the Amphitheatre and water front, The Ava Gardner Museum, The Johnston County Courthouse, The Johnston County Library, and several established downtown businesses including restaurants, retail, services and a soon to be opened upscale steakhouse and a large town run event venue in the space where The Howell Theatre used to operate. The property has 6-8 private parking spaces located in the rear of the building. There is an additional courtyard space immediately behind the subject space that is 1440 sq/ft with a garage space adjacent to the courtyard at 672 sq/ft. These spaces are not included in the current terms but could be added if the tenant would choose to assume the cost of upfit of these spaces. Current owners are most interested in leasing the space with negotiable terms, but will also entertain the possibility of selling, rent to own or owner financing.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Wi-Fi Connectivity
- High Ceilings
- Emergency Lighting
- DDA Compliant
- Smoke Detector
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,537 SF | Gross Leasable Area | 7,054 SF |
| Property Type | Retail | Year Built/Renovated | 1920/2021 |
| Property Subtype | Storefront | Parking Ratio | 0.85/1,000 SF |
| Total Space Available | 3,537 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,054 SF |
| Year Built/Renovated | 1920/2021 |
| Parking Ratio | 0.85/1,000 SF |
About the Property
The building is located in the heart of Historic Downtown Smithfield across from the Johnston County Courthouse. The location offers continuous daily foot traffic from the courthouse. Obviously, an ideal location to house a law firm. The property is also in the heart of the established Social District making this location an ideal location for a Brewery, Taproom, Bar/Restaurant, Speak Easy, Private Club or event venue.
- Signage
Nearby Major Retailers
Presented by
The Twisted Willow
119 S 3rd St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.