Property 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.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

Property Features