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.
The offering consists of a ±7,940 SF renovated office/retail building — delivered vacant and positioned for owner-user or lease up — alongside a ±6,429 SF flex/warehouse facility occupied by a long-term tenant under a guaranteed lease with 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 cash flow, leasing upside, and strong market fundamentals in one of the Charlotte region's most established commercial corridors.
Building 1: 7,940 SF Office/Retail Building is fully conditioned.
Building 2: 6,429 SF Warehouse Building is heated and not conditioned
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Listing Snapshot
Price
$3,075,000
Days On Site
16 Days
Bedrooms
N/A
Inside Area (SqFt)
14,369 sqft
Total Baths
4
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.78 Acres
Year Built
1982
MLS Number
4437921
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 weeks ago
Listing first seen on site
2 weeks ago
Listing updated with changes from the MLS
General Features
Parking Spaces
32
Sewer
Public Sewer
SqFt Total
14369
Utilities
Electricity Connected
Water Source
Public
Zoning
B-H (ENTO)
Interior Features
Cooling
Central Air
Heating
ElectricForced Air
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Exterior Features
Road Frontage
Highway
Community Features
Roads
Paved
Listing courtesy of Binaco Real Estate nquigley@binacorealestate.com
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Last checked - 2026-11-12 07:40 AM UTC
Neighborhood & Commute
Source: Walkscore
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