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10043 E Independence Blvd 10,000 - 20,000 SF of Retail Space Available in Matthews, NC 28105

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HIGHLIGHTS

  • 200 Feet of frontage on HWY 74
  • Amazing Visibility
  • 60,000 +/- VPD

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 10,000-20,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Positioned along one of the region’s most heavily trafficked corridors, this ±19,920 SF retail property offers exceptional visibility and access along US Highway 74. The property sits within a dense and proven retail corridor totaling nearly 3.4 million square feet of national and regional retailers. It is surrounded by a rapidly expanding residential base, including over 1,400 new multifamily units built in the past five years and more than 500 single-family homes currently under development within a five-mile radius.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • exceptional visibility
  • along US Highway 74
Space Size Term Rental Rate Rent Type
1st Floor 10,000-20,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor

Size
10,000-20,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Positioned along one of the region’s most heavily trafficked corridors, this ±19,920 SF retail property offers exceptional visibility and access along US Highway 74. The property sits within a dense and proven retail corridor totaling nearly 3.4 million square feet of national and regional retailers. It is surrounded by a rapidly expanding residential base, including over 1,400 new multifamily units built in the past five years and more than 500 single-family homes currently under development within a five-mile radius.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • exceptional visibility
  • along US Highway 74

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 20,000 SF
Min. Divisible 10,000 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 20,000 SF
Year Built 1997
Parking Ratio 1.55/1,000 SF

ABOUT THE PROPERTY

Strategic Market Position - Property has 200’ of frontage and access along US Highway 74 (E. Independence Blvd.), the primary east-west route in the area Dense, Proven Retail Area - US Highway 74 is an established retail corridor with nearly 3.4M SF of national and regional retailers Growing Trade Area - Surrounded by dense residential with 1,446 new multi-family units built in the last 5 years and over 500 single-family homes currently in development (5 miles) Part of the Charlotte MSA - Matthews is 12 miles from uptown Charlotte; the property is less than two miles from Downtown Matthews

  • Signage

NEARBY MAJOR RETAILERS

CrossFit Gym
Starbucks
Fifth Third Bank
Cyclebar
Club Pilates
Five Guys
MOOYAH Burgers, Fries & Shakes
Chicken Salad Chick
McAlister's Deli
Carrabba's Italian Grill
  • Listing ID: 26619834

  • Date on Market: 9/13/2022

  • Last Updated:

  • Address: 10043 E Independence Blvd, Matthews, NC 28105

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