9801 Independence Pointe Pky | Matthews, NC 28105
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
9801 Independence Pointe Pky
Matthews, NC 28105
Red Lobster · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG-TERM NNN LEASE – Red Lobster operates under a 25-year Absolute NNN lease with ±14.5 years remaining
- ESTABLISHED LOCATION – Red Lobster has operated at this location since 2014, demonstrating long-term success and tenant commitment
- SURROUNDED BY NATIONAL RETAILERS & MAJOR EMPLOYERS – The site benefits from strong consumer traffic, positioned near Costco, Target, Home Depot
- STRUCTURED RENT GROWTH – The lease includes 2% annual rental increases starting in 2027, providing consistent NOI growth and hedge against inflation.
- PRIME RETAIL LOCATION IN A HIGH-TRAFFIC CORRIDOR – The property is located along Independence Blvd (±57,000 VPD), near Loop 485 (±45,500 VPD)
- RAPIDLY GROWING AND AFFLUENT TRADE AREA – The 5-mile radius population is ±176,212, with a projected 5.66% growth rate over the next five years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,145 SF
Building Class
C
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.22 AC
Zoning
B2CD - Business Commercial District
Parking
119 Spaces (19.37 Spaces per 1,000 SF Leased)
Frontage
449’ on East Independence Bouleva
PROPERTY TAXES
| Parcel Number | 193-231-23 | Improvements Assessment | $1,058,800 |
| Land Assessment | $3,403,800 | Total Assessment | $4,462,600 |
PROPERTY TAXES
Parcel Number
193-231-23
Land Assessment
$3,403,800
Improvements Assessment
$1,058,800
Total Assessment
$4,462,600
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
