• Broker Andrew Blumenthal 7043731800

11043 E Independence Blvd 19,920 SF of Retail Space Available in Matthews, NC 28105

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HIGHLIGHTS

  • 60,000 +/- VPD
  • New multifamily developments in immediate area

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 19,920 SF
  • 16’
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $36,520 /MO $438,240 /YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
90 Days
  • Lease rate does not include utilities, property expenses or building services
  • Finished Ceilings: 16’
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 19,920 SF 16’ Negotiable $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $36,520 /MO $438,240 /YR Triple Net (NNN)

1st Floor

Size
19,920 SF
Ceiling
16’
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $36,520 /MO $438,240 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
90 Days

  • Lease rate does not include utilities, property expenses or building services
  • Finished Ceilings: 16’

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 19,920 SF Gross Leasable Area 19,920 SF
Property Type Retail Year Built 1997
Property Subtype Freestanding Parking Ratio 1.86/1,000 SF
Total Space Available 19,920 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 19,920 SF
Year Built 1997
Parking Ratio 1.86/1,000 SF

ABOUT THE PROPERTY

Free Standing Retail Building with prime visibility from HWY 74, Independence Blvd. Has 4,000 sf of executive office space, 6,000 sf of retail showroom space and 10,000 sf of flex warehouse/retail space. Can be unfitted to create large open space depending on requirements. Strategic Market Position Property has 200’ of frontage 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 Matthew

ATTACHMENTS

Flyer 11043 Independence DT AB 7_15_22

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
East Independence Boulevard Matthews-Mint Hill Rd, SE 57,084 2025 0.06 mi
E Independence Blvd Matthews-Mint Hill Rd, SE 59,886 2024 0.09 mi
Matthews-Mint Hill Road Brigman Rd, W 11,419 2025 0.17 mi
Matthews-Mint Hill Rd Brigman Rd, W 11,744 2024 0.18 mi
E Independence Blvd Matthews-Mint Hill Rd, NW 58,049 2025 0.24 mi
US 74 Royal Commons Ln, E 65,847 2024 0.39 mi
Moore Rd Royal Commons Ln, E 62,171 2025 0.39 mi
NC 51 Fortuna Ct, S 23,295 2024 0.43 mi
Matthews-Mint Hill Road Kimway Dr, NE 7,144 2025 0.44 mi
Matthews-Mint Hill Rd Kimway Dr, NE 7,595 2024 0.45 mi

NEARBY MAJOR RETAILERS

CrossFit Gym
Starbucks
Fifth Third Bank
Five Guys
MOOYAH Burgers, Fries & Shakes
Chicken Salad Chick
McAlister's Deli
Cyclebar
Club Pilates
Texas Roadhouse

MAP

ADDITIONAL PHOTOS

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View Photo E Independence Blvd._ 11043_Web Photo 2
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  • Listing ID: 25882248

  • Date on Market: 10/11/2024

  • Last Updated: 4/7/2025

  • Address: 11043 E Independence Blvd, Matthews, NC 28105