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  1. Retail Space
  2. NC
  3. Smithfield

Smithfield West

For Lease 21,355 SF

940 W Market St, Smithfield, NC 27577

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.

Key features

  • 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

Rental Details

  • Number of spaces 15
  • Total square feet available 21,355 SF
  • For Lease $29.00 - $33.00/SF/YR
  • Space Type Strip
  • Lease Type NNN
  • Latest Update Aug 12, 2026
View Attachment
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Reach out to the broker for more info on lease terms and amenities

True

15 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
100 Strip $33.00/SF/YR 2,875 SF - NNN

100

Space Type

Strip

Lease Rate

$33.00/SF/YR

Additional Rent

Price on request

Total Space Available

2,875 SF

Divisible Space

2,875 - 2,875 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery End Cap - Casual Dining - Outdoor Seating Area

101 Strip $29.00/SF/YR 1,320 SF - NNN

101

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

102 Strip $29.00/SF/YR 1,320 SF - NNN

102

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

103 Strip $29.00/SF/YR 1,320 SF - NNN

103

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

104 Strip $29.00/SF/YR 1,320 SF - NNN

104

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

105 Strip $29.00/SF/YR 1,320 SF - NNN

105

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

106 Strip $29.00/SF/YR 1,320 SF - NNN

106

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

107 Strip $29.00/SF/YR 1,320 SF - NNN

107

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

108 Strip $29.00/SF/YR 1,320 SF - NNN

108

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

109 Strip $29.00/SF/YR 1,320 SF - NNN

109

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

110 Strip $29.00/SF/YR 1,320 SF - NNN

110

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

111 Strip $29.00/SF/YR 1,320 SF - NNN

111

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

112 Strip $29.00/SF/YR 1,320 SF - NNN

112

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

113 Strip $29.00/SF/YR 1,320 SF - NNN

113

Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

114 Strip $33.00/SF/YR 1,320 SF - NNN

114

Space Type

Strip

Lease Rate

$33.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery End Cap - QSR - Drive-Thru

100

Space Type
Strip
Lease Rate
$33.00/SF/YR
Total Space
2,875 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$33.00/SF/YR

Additional Rent

Price on request

Total Space Available

2,875 SF

Divisible Space

2,875 - 2,875 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery End Cap - Casual Dining - Outdoor Seating Area

101

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

102

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

103

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

104

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

105

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

106

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

107

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

108

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

109

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

110

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

111

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

112

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

113

Space Type
Strip
Lease Rate
$29.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$29.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery

114

Space Type
Strip
Lease Rate
$33.00/SF/YR
Total Space
1,320 SF
Lease Type
NNN
Space Type

Strip

Lease Rate

$33.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,320 SF

Divisible Space

1,320 - 1,320 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Cold Dark Shell Delivery End Cap - QSR - Drive-Thru

Contacts

broker
Jim Perricone

Partners Commercial Realty

Building Details

  • For Lease $29.00 - $33.00/SF/YR
  • Property Type Retail - Strip
  • Property Size 21,600 SF
  • Units 15
  • Lot Size 0.56 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 108
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2026
  • Date Updated Aug 12, 2026

Location

  • City Smithfield, NC
  • Zip Code 27577
  • Market Raleigh Durham
  • Map
  • Street
  • Walk score 40/100 Car-Dependent
  • Bike score 47/100 Somewhat Bikeable
Powered by Walk Score ®

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

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

Listing Summary

  • The Price for Retail Space at 940 W Market St

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 940 W Market St, asking rent starts at $$29.00/SF/YR per square foot.

    940 W Market St has 108 parking spots, for a parking ratio of 5.00 / 1,000 SF

  • Retail Space Options Available at 940 W Market St

    The property exclusively contains Strip space totaling 21,355 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 15 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 940 W Market St, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Jim Perricone
broker
Jim Perricone

Partners Commercial Realty

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