For Lease

Smithfield West

940 W Market St, Smithfield, NC 27577

21,355

SF Available
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 Types Strip
  • Lease Type NNN
  • Date Updated May 12, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

For Lease 15 Spaces Available

Contacts

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
  • Parking Spaces Avail. 108
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2026
  • Date Updated May 12, 2026

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (40)

  • Bike Score ®

    Somewhat Bikeable (47)
Powered by Walk Score ®

Location

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

Points of Interest

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

East Clayton Community Park Parking

8.58 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 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 Listing Broker
Jim Perricone

Partners Commercial Realty

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.