11229 Independence BlvdMatthews, NC 28105

Property Details for 11229 Independence Blvd

Year built

1985

Lot size

2.63 AC

Property size (Sq ft)

31,733 SF

Zone code

B-H

Property type

Retail properties

Property subtype

Strip malls

APN

21510102

APU

21510102

Description

Fullwood Plaza offers exceptional retail and office space for lease in the thriving Matthews, NC market. This mixed-use property, located at 11229 & 11329 E. Independence Blvd and 1544 Matthews-Mint Hill Rd, presents a unique opportunity for businesses seeking high-visibility locations. Currently, there are four available spaces ranging in size from approximately 1,000 square feet to 2,450 square feet, providing flexibility for various business needs. The property's strategic location within Mecklenburg County ensures convenient access to a substantial customer base and a strong workforce. The multiple tenancy structure fosters a vibrant and diverse community within the shopping center, creating a synergistic environment for all occupants. This is an ideal location for businesses seeking high foot traffic and easy access to major transportation routes. The available spaces are ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Fullwood Plaza offers a compelling investment opportunity for businesses looking to thrive in a dynamic and growing area. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $13,180,422

  6.5%

  $12,166,543

  7%

  $11,297,504

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,541,639

  Geo Method

  $13,541,639

• Alternative Use

  Use

  Valuation

  Residential

  $10,262,934

  Hospitality

  $9,400,793

  Educational

  $7,821,349

  Medical

  $8,090,338

  Retail

  $12,166,543

Location Insight

City

Matthews

County

Mecklenburg

State

North Carolina

Latitude

35.1186

Longitude

-80.6964

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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