11240 East Independence Boulevard
Value-Add or Owner User Investment Opportunity on Heavily Traveled Independence Blvd
Marketing description
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. Offered together at $3,600,000, the portfolio pairs in-place cash flow
with significant near-term owner-user or value-add potential.
The offering consists of a ±7,940 SF renovated office/retail building — currently
Owner Occupied and positioned for immediate lease-up or owner- sale/leaseback — alongside a
±6,429 SF flex/warehouse facility occupied by a long-term tenant under a guaranteed
lease with 4% 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 immediate cash flow, leasing upside, and strong market fundamentals in one of
the Charlotte region's most established commercial corridors.
7,940 SF Renovated Office/Retail Building is also available for Lease. Contact Broker for more information. Lease Flyer to come 6/23/2026.
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