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12048 Stallings Commerce Dr
Matthews, NC 28105
Retail Property For Sale
EXECUTIVE SUMMARY
12048 Stallings Commerce Drive offers a well-maintained 5,000 SF building situated in Stallings’ MU-2 zoning district with access immediately off of US-74. The property features one dock-high door, three bathrooms, and flexible space currently used by a church tenant. Built in 1984, the building has seen key capital improvements including both HVAC units (2023) and a newer roof (2018), leaving it in excellent condition. With lease expiration approaching at the end of 2025, the building can be delivered with short-term cash flow or repositioned for new occupancy to a owner-user or as investment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,000 SF
Building Class
C
Year Built
1984
Price
$850,000
Price Per SF
$170
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.27
Lot Size
0.42 AC
Zoning
LI - Light Industrial
Parking
12 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
60’ on Independence Blvd
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 07-102-034-H01 | Improvements Assessment | $158,700 |
| Land Assessment | $60,100 | Total Assessment | $218,800 |
PROPERTY TAXES
Parcel Number
07-102-034-H01
Land Assessment
$60,100
Improvements Assessment
$158,700
Total Assessment
$218,800
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