$3,075,000
11240 Independence Blvd, Matthews, NC 28105
0 bed · 4 bath
0
bedrooms
4
baths
N/A
sq.ft.
N/A
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Binaco Real Estate is pleased to present the opportunity to acquire two strategically positioned commercial assets at 11240 and 11242 E Independence Boulevard in Matthews, North Carolina — one of the region's most heavily traveled and commercially active corridors. The offering consists of a ±7,940 SF renovated office/retail building — delivered vacant and positioned for owner-user or lease up — alongside a ±6,429 SF flex/warehouse facility occupied by a long-term tenant under a guaranteed lease with annual escalations, providing dependable income from day one. With ±66,700 vehicles per day on Independence Boulevard, the Property enjoys exceptional visibility, convenient access, and strong connectivity to Charlotte's major business districts and surrounding residential growth areas. B-H (ENT-O) zoning supports a broad range of office, retail, service, and entertainment users. Whether repositioning the vacant building to maximize rental income, occupying a portion of the portfolio, or holding the existing investment, this acquisition offers a blend of cash flow, leasing upside, and strong market fundamentals in one of the Charlotte region's most established commercial corridors. Building 1: 7,940 SF Office/Retail Building is fully conditioned. Building 2: 6,429 SF Warehouse Building is heated and not conditioned
LISTING COURTESY OF: BINACO REAL ESTATE
nquigley@binacorealestate.com
About the Neighborhood
28105 covers Matthews and the Mint Hill corridor in southeastern Mecklenburg, about 10 to 15 miles from Uptown via I-485 and Independence Boulevard. Expect established subdivisions with mature trees, a mix of ranch and two-story homes, plus newer construction where the corridor has grown. Everyday errands sit along Matthews Township Parkway and Monroe Road, with Downtown Matthews and Mint Hill Town Center close by. Buyers often come here for neighborhood feel, greenway access, and a commute that still works without living intown.
Property Features
Property Description
- Bathrooms: 4 Full
- Year Built: 1982
- New Construction: No
- MLS #: 4437921
Association
- HOA Required: No
Utilities
- Electricity Connected
Interior Features
- Heating: Electric, Forced Air
- Cooling: Central Air, Other - See Remarks
Cooling
- Central Air
- Other - See Remarks
Heating
- Electric
- Forced Air
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
Sewer
- Public Sewer
WaterSource
- City
Location
Similar homes nearby
$3,075,000
Est. Payment: $15,805/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Matthews, NC 28105
0
bedrooms
4
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of Binaco Real Estate
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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