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    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
    Zoning & alternative use
    HUC · Matthews, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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