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Matthews Festival Shopping Center 10404 E Independence Blvd

3,697 SF of Retail Space Available in Matthews, NC 28105

Highlights

  • Pad Site Available Build to Suit
  • Sits directly in front of Harris Teeter and Home Depot
  • Located just off of E. Independence and Matthews Township Parkway (55,000+ VPD)
  • Major tenants include Big Lots, Mod Pizza, Bonefish Grill, Metro Diner, and Sola Salons

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,697 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
10400-10420 E Independence Blvd - 1st Floor
Space Use
Retail
Condition
Spec Suite
Availability
Now

Ground lease opportunity for a building up to 3,697sf. LL will consider reverse BTS.

Space Size Term Rental Rate Rent Type
1st Floor 3,697 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Negotiable

10400-10420 E Independence Blvd - 1st Floor

Size
3,697 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Spec Suite
Availability
Now

Ground lease opportunity for a building up to 3,697sf. LL will consider reverse BTS.

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.

SELECT TENANTS AT Matthews Festival Shopping Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Big Lots
  • -
  • -
  • -
  • Carrabba’s Italian Grill
  • Restaurant
  • 241
  • International
  • Metro Diner
  • -
  • -
  • -
  • MOD Pizza
  • Restaurant
  • 721
  • International
  • Sola Salons
  • -
  • -
  • -
  • Texas Roadhouse
  • Restaurant
  • 795
  • National
Tenant Description US Locations Reach
Big Lots - - -
Carrabba’s Italian Grill Restaurant 241 International
Metro Diner - - -
MOD Pizza Restaurant 721 International
Sola Salons - - -
Texas Roadhouse Restaurant 795 National

PROPERTY FACTS FOR 10404 E Independence Blvd , Matthews, NC 28105

Center Type Community Center
Parking 1,478 Spaces
Center Properties 6
Frontage 700’ on E. Independence Blvd.
Gross Leasable Area 295,601 SF
Total Land Area 48.26 AC
Year Built 1987

About the Property

Matthews Festival has a unique tenant mix with many surrounding national and regional tenants. Matthews Festival Shopping Center is located at the busy intersection of E. Independence Boulevard and Matthews Township Parkway, just 11 miles southeast of Charlotte. Several entrances provide easy access with ample parking available.

  • Restaurant
  • Signage

Nearby Major Retailers

Bonefish Grill
Metro Diner
Carrabba's Italian Grill
WW
Club Pilates
McAlister's Deli
Planet Fitness
Orangetheory Fitness
Five Guys
Chicken Salad Chick
  • Listing ID: 12426889

  • Date on Market: 11/3/2023

  • Last Updated:

  • Address: 10404 E Independence Blvd, Matthews, NC 28105

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