721 N Brightleaf Blvd Smithfield NC 27577
Year Acquired: 2025
Purchase Price: $8,240,000
Area: 111,000 SF
Acres: 11
Tenant Count: 18 Tenants
Notable Tenants:
- Carly C’s
- AutoZone
- Scooters
- Pizza Hut
Description: Situated in Smithfield, NC Johnston County—the fastest-growing county in North Carolina over the past five years—Pine Needles Shopping Center, acquired in 2025, represents a milestone as our firm’s first grocery-anchored acquisition. Located on Bright Leaf Boulevard (18,500 Vehicles per day), this 111,000 SF center is anchored by Carly C’s, one of the largest independently owned family grocery stores in North Carolina. Spanning 11 acres, the property is adjacent to the UNC Johnston County Hospital, enhancing its strategic location. The center features a strong tenant mix, including AutoZone, Scooter’s Coffee (outparcel), and Pizza Hut (outparcel).
