10400-10420 Independence Blvd Matthews, NC 28105
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.