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Property profile & analytics
FOR LEASE
Strip malls

110 Matthews Station St Matthews, NC 28105

23,938 SF 0.68 ac lot Built 2001
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-0460581
Property summary
AI-generated overview

This exceptional Matthews Station property, located at 110 Matthews Station St, Matthews, NC 28105, presents a unique investment opportunity. The two-story building boasts a total of 27,000 square feet, encompassing a diverse mix of retail, office, and restaurant spaces. Currently, there are four available office suites ranging from 714 to 2,422 square feet, totaling 7,430 square feet of vacant space. The property is classified as both traditional office and medical office space, making it suitable for a variety of businesses. Situated in the heart of downtown Matthews, this mixed-use development offers a vibrant atmosphere and high visibility. The building's location within Mecklenburg County provides easy access to major transportation routes and a thriving community. This is an ideal opportunity for businesses seeking a prominent presence in a dynamic and growing area. The property's diverse tenant mix creates a synergistic environment, attracting a wide range of clientele. With its blend of retail, office, and restaurant spaces, Matthews Station offers a unique and convenient experience for both employees and visitors. The available suites provide flexibility for businesses of various sizes, making this a highly desirable location for expansion or relocation. Don't miss this chance to secure your space in this thriving downtown Matthews development.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 23,938 SF
Lot 0.68 ac (29,577 SF)
Zoning code HUC
APN 21501235
UPID US53-0460581
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
Current use
Occupant on record · Public records
  • The Corigliano Law Firm Consultant
  • Keller Williams Realty Real Estate Agency
  • Jané USA (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Preslar Dry Cleaning (Bike/Boat/Book/etc) Store
  • Architecture Unlimited Architecture Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.43M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.07M
Owner & transaction history
Matthews Depot LLC · 9 yrs held
Matthews Depot LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
HUC · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

be established in the R-15MF, R-12MF, R/I, O, HUC, B-1, SRN, C-MF, MUD, TS, and ENT districts. Child day care facilities with separate standards may be allowed in the CrC district. B. S TANDARDS. 1. Child day care homes and facilities are required to be registered and licensed with the state in accordance with G.S. § 110-101. 2. An off -street drop -off/pick…

Zone name Historic Urban Core
General category CIVIC_INSTITUTIONAL
Zone area 34.80 ac
Source Chapter 5
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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