11240 Independence Boulevard, Matthews, NC 28105

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Listing courtesy of Binaco Real Estate. nquigley@binacorealestate.com

List Price
$3,075,000
MLS#
4437921
Status
ACTIVE
Days on Market
1
Property Type
Commercial Sale
Year Built
1982
Bathrooms
4
Lot Size
77,536
Lot Size Area
1.78
County
Mecklenburg
Special Conditions
None

Property Description

Binaco Real Estate is pleased to present the opportunity to acquire two strategically positioned commercial assets at 11240 and 11242 E Independence Boulevard in Matthews, North Carolina — one of the region's most heavily traveled and commercially active corridors. The offering consists of a ±7,940 SF renovated office/retail building — delivered vacant and positioned for owner-user or lease up — alongside a ±6,429 SF flex/warehouse facility occupied by a long-term tenant under a guaranteed lease with annual escalations, providing dependable income from day one. With ±66,700 vehicles per day on Independence Boulevard, the Property enjoys exceptional visibility, convenient access, and strong connectivity to Charlotte's major business districts and surrounding residential growth areas. B-H (ENT-O) zoning supports a broad range of office, retail, service, and entertainment users. Whether repositioning the vacant building to maximize rental income, occupying a portion of the portfolio, or holding the existing investment, this acquisition offers a blend of cash flow, leasing upside, and strong market fundamentals in one of the Charlotte region's most established commercial corridors. Building 1: 7,940 SF Office/Retail Building is fully conditioned. Building 2: 6,429 SF Warehouse Building is heated and not conditioned

Additional Information

Heating
Electric, Forced Air
Water
City
Sewer
Public Sewer
Driveway
Paved

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