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1551 E Market St 1,233 - 8,661 SF of Retail Space Available in Smithfield, NC 27577
Highlights
- High traffic area
Space Availability (7)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101-A | 1,246 SF | 5-30 Years | $30.00 /SF/YR $2.50 /SF/MO $37,380 /YR $3,115 /MO | Modified Gross | ||
| 1st Floor, Ste 102-B | 1,233 SF | 5-30 Years | $30.00 /SF/YR $2.50 /SF/MO $36,990 /YR $3,083 /MO | Modified Gross | ||
| 1st Floor, Ste 103-C | 1,233 SF | 5-30 Years | $30.00 /SF/YR $2.50 /SF/MO $36,990 /YR $3,083 /MO | Modified Gross | ||
| 1st Floor, Ste 104-D | 1,233 SF | 5-30 Years | $30.00 /SF/YR $2.50 /SF/MO $36,990 /YR $3,083 /MO | Modified Gross | ||
| 1st Floor, Ste 105-E | 1,233 SF | 5-30 Years | $30.00 /SF/YR $2.50 /SF/MO $36,990 /YR $3,083 /MO | Modified Gross | ||
| 1st Floor, Ste 106-F | 1,233 SF | 5-30 Years | $30.00 /SF/YR $2.50 /SF/MO $36,990 /YR $3,083 /MO | Modified Gross | ||
| 1st Floor, Ste 107-G | 1,250 SF | 5-30 Years | $30.00 /SF/YR $2.50 /SF/MO $37,500 /YR $3,125 /MO | Modified Gross |
1st Floor, Ste 101-A
Suite A-B for restaurant use only.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Less than quarter mile from I-95
1st Floor, Ste 102-B
Units A,B restaurant use only.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Johnston Community College across the street.
1st Floor, Ste 103-C
Located across from Johnston Community College, and next to Waffle House. This location puts your business within the growing area of 70/95. Business like Panera Bread, Zaxby's, Golden Corral, and hotels included.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Located on the major Hwy 70 Business
1st Floor, Ste 104-D
Located across from Johnston Community College, and next to Waffle House. This location puts your business within the growing area of 70/95. Business like Panera Bread, Zaxby's, Golden Corral, and hotels included.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Heavily traffic area on to I-95
1st Floor, Ste 105-E
Located across from Johnston Community College, and next to Waffle House. This location puts your business within the growing area of 70/95. Business like Panera Bread, Zaxby's, Golden Corral, and hotels included.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Heavy traffic area
1st Floor, Ste 106-F
Located across from Johnston Community College, and next to Waffle House. This location puts your business within the growing area of 70/95. Business like Panera Bread, Zaxby's, Golden Corral, and hotels included.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Located across from Community College
1st Floor, Ste 107-G
Located across from Johnston Community College, and next to Waffle House. This location puts your business within the growing area of 70/95. Business like Panera Bread, Zaxby's, Golden Corral, and hotels included.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- 1/4 mile from I-95
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 | 8,661 SF | Gross Leasable Area | 8,681 SF |
| Property Type | Retail | Year Built | 2026 |
| Property Subtype | Freestanding | Parking Ratio | 4.61/1,000 SF |
| Total Space Available | 8,661 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,681 SF |
| Year Built | 2026 |
| Parking Ratio | 4.61/1,000 SF |
About the Property
1551 E. Market Street presents a crisply maintained retail opportunity designed for investor-ready leasing. This single-story building delivers prominent frontage, inviting glass lines, and efficient circulation for multiple tenants or a commanding single user. Interior spaces are thoughtfully configured for merchandising, customer service, or professional appointments while leasing systems support smooth operations. The property also features generous surface parking to accommodate staff and clientele, and exterior lighting ensures visibility during extended hours. A durable façade paired with durable finishes provides low-maintenance appeal, making this offering an excellent addition for a retail investor seeking stable occupancy potential and attractive presentation.
Nearby Major Retailers
Contact the Leasing Agent
1551 E Market St