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10046-1005 E Independence Blvd
Matthews, NC 28105
The Crossing · Retail Property For Sale
Investment Highlights
- OVER 10 YEARS OF AVERAGE ANCHOR LEASE TERM REMAINING, creates attractive stability and financeability for the next iteration of ownership
- LOCATED IN MATTHEWS, NC, ON THE SOUTHEAST SIDE OF CHARLOTTE, the financial capital of the SE with one of the fastest-expanding economies in the US
- EXTREMELY STRONG DEMOGRAPHICS characterized by 176,102 people within a 5-mile radius, a projected ann growth rate of 1.19% $ an Avg. HH Income $105K
- PANDEMIC-RESISTANT MIX OF TRADITIONAL RETAIL AND SERVICE PROVIDERS COMPRISED of roughly 77% national credit and strong regional tenants
- EXCELLENT RECENT LEASING MOMENTUM, highlighted by a new, 15-year anchor lease with Planet Fitness and ABC Spirits through 2028
- STRATEGIC MARKET POSITION along E Independence Blvd - one of the most highly-trafficked retail thoroughfares in south Charlotte, accessing 58,500 VPD
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
95,423 SF
Building Class
B
Year Built/Renovated
1997/2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
10.31 AC
Zoning
B1SCD
Parking
535 Spaces (5.61 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 193-231-04 | Improvements Assessment | $4,632,000 |
| Land Assessment | $7,218,100 | Total Assessment | $11,850,100 |
Property Taxes
Parcel Number
193-231-04
Land Assessment
$7,218,100
Improvements Assessment
$4,632,000
Total Assessment
$11,850,100
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