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Retail Investment Property
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2218 Matthews Township Pkwy., Matthews, NC 28105

For sale retail property totaling 5,000 SF, with a stated 7% cap rate.

Property Size5,000 SF
Days on Market121

Property Features for 2218 Matthews Township Pkwy.

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail, Land

Additional Details

Cap Rate 7%
Listing Agency: CBRE - Orange County
Listed By: Ian Schroeder · License #CA 01497897
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County

Investment Insights

Based on property information with market context.

This for-sale retail investment property is presented at a total of 5,000 SF and includes a stated 7.00% cap rate in the public remarks.

The property is located at 2218 Matthews Township Pkwy., Matthews, NC 28105.

Details beyond the total size and the stated cap rate were not provided in the available information.

Key Highlights

  • For sale retail property totaling 5,000 SF
  • Stated 7% cap rate

Property Analytics

Current Use

Verizon Mobile Phone Store Verizon Business Services Business To Business Service

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,449
Businesses Nearby
924k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 28% Shops & Services 25% Apparel 21% Home Improvements & Furnishings 10%
Costco Wholesale Superstores
142,165 visits/mo 0.3 miles
Target Superstores
113,541 visits/mo 0.3 miles
Hobby Lobby Shops & Services
62,896 visits/mo 0.2 miles
Marshalls Apparel
57,531 visits/mo 0.2 miles
Academy Sports + Outdoors Apparel
50,949 visits/mo 0.2 miles

Demographics for 28105, NC

44,085
Population
17,906
Households
2.5
Avg Household Size
41
Median Age
52%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
1,900
Density / Sq Mi
$104,242
Median Household Income
$52,175
Median Earnings
$1,663
Median Rent
$389,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property totaling 5,000 SF, with a stated 7% cap rate.
Where is this retail space located?
The property is located at 2218 Matthews Township Pkwy. Matthews, NC.
What are key features of this property?
This property features: For sale retail property totaling 5,000 SF; Stated 7% cap rate
More about this property
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