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    10400-10420 Independence Blvd Matthews, NC 28105

    Sponsored
    For Lease
    Contact for pricing

    Prime Matthews location, high traffic area.

    Lot size:
    113,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant retail property, Matthews Festival, boasts 113,100 square feet of space located at 10400-10420 E. Independence Blvd, Matthews, NC 28105. Situated in Mecklenburg County, this strip center, categorized as a restaurant and retail space, benefits from a highly visible location at a busy intersection of E. Independence Blvd and Matthews Township Parkway, just 11 miles southeast of Charlotte. The property offers convenient access with multiple entrances and an abundance of parking, totaling 919 spaces. Currently, there is 1 square foot of vacant space within the 113,100 square foot building. The strategic location enjoys the advantages of a thriving community, combining "big city amenities with a small town feel," as described by local residents. The property's proximity to major national retailers such as Home Depot and Harris Teeter ensures high traffic volume and strong visibility, creating a desirable environment for businesses. This presents a unique opportunity for investors seeking a well-positioned retail property in a high-growth area.

    Property Features for 10400-10420 Independence Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    113,100 SF

    Unit(s) available at that property

    Space
    OP1-Ground Lease
    Size
    1 SF

    HighLights

    • 113,100 SF single‑tenant retail building at 10400‑10420 E. Independence Blvd, Matthews, NC.
    • Located in a high‑traffic area at the intersection of E. Independence Blvd and Matthews Township Parkway, 11 miles southeast of Charlotte.
    • Features 919 parking spaces and multiple entrances.
    • Currently 100% occupied.
    • Excellent visibility and access near major retailers like Home Depot and Harris Teeter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Clothing Store Hair Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7092
    Latitude
    35.12849

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Matthews location, high traffic area.
    Where is this neighborhood center located?
    The property is located at 10400-10420 Independence Blvd Matthews, NC.
    What are key features of this property?
    This property features: 113,100 SF single-tenant retail building at 10400-10420 E. Independence Blvd, Matthews, NC.; Located in a high-traffic area at the intersection of E. Independence Blvd and Matthews Township Parkway, 11 miles southeast of Charlotte.; Features 919 parking spaces and multiple entrances.
    Request Owner's contact information
    10400-10420 Independence Blvd Matthews, NC 28105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10400-10420 Independence Blvd Matthews, NC 28105
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