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Property profile & analytics
OFF-MARKET
Neighborhood centers

10400-10420 Independence Blvd Matthews, NC 28105

113,100 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Neighborhood centers
Total area 113,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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