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
| MLS # | 4437921 |
|---|---|
| Listing Type | For Sale |
| Style | Showroom/office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 10 |
| Listing Provided By | Binaco Real Estate | Nicholas Quigley |
| Bath(s) | 4 |
|---|---|
| SQ Feet | 14,369 |
| Building(s) | 2 |
| Acreage | 1.78 |
| Cooling | Central Air, Other - See Remarks |
|---|---|
| Heating | Electric, Forced Air |
| Utilities | Electricity Connected |
|---|
| List Aor | Canopy Realtor Association |
|---|
| Property | 2063800 |
|---|
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Matthews |
| Zip Code | 28105 |
| Area | Mecklenburg |
| Listing VS Median (in 28105) | |
Price: $3,075,000 low | high Med: $500,000 sqft: 14,369 low | high Med: 2,615 $ / sqft: $214 low | high Med: $191 On site: 10 low | high Med: 134 | |
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Matthews |
| Zip Code | 28105 |
| Area | Mecklenburg |
| Listing VS Median (in 28105) | |
Price: $3,075,000 low | high Med: $500,000 sqft: 14,369 low | high Med: 2,615 $ / sqft: $214 low | high Med: $191 On site: 10 low | high Med: 134 | |