Property summary
This exceptional 18,316 square foot, two-story office building, located in the heart of Matthews' downtown district, presents a unique investment opportunity. Built in 2016, the property originally housed Skyla Federal Credit Union and currently features a mix of traditional and executive office spaces. The building boasts three suites, with a minimum divisible space of 9,113 square feet and a maximum contiguous space of 9,203 square feet. Currently, the entire 18,316 square feet is available for lease. The ground floor includes a branch office, general office space, foyer, and a food retail space occupied by Loyalist Market since 2016. The second floor is dedicated entirely to office space. The building is equipped with dual power sources, including rooftop gas generators, a secure vault, and a comprehensive security system. Situated in a thriving, affluent suburb of Charlotte, this property offers an urban feel with convenient access to numerous amenities and is within walking distance of historic downtown Matthews. The property is zoned B-1 (CD) in Mecklenburg County, North Carolina, and includes approximately 3.5 parking spaces per 1,000 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Credit Union
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Neighborhood Business District is established to create and protect business centers for the retailing of merchandise such as groceries, prescription medicine, and household items and for the provision of professiona…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Matthews market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-1(CD) · Matthews, NCThe Neighborhood Business District is established to create and protect business centers for the retailing of merchandise such as groceries, prescription medicine, and household items and for the provision of professiona…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Neighborhood Business District is established to create and protect business centers for the retailing of merchandise such as groceries, prescription medicine, and household items and for the provision of professiona…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1(CD) in Matthews, NC.
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