Showroom/Office at 11240 Independence Boulevard, Matthews
Showroom/Office at 11240 Independence Boulevard, Matthews, photo 2 of 13
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13 photos

$3,075,000

11240 Independence Boulevard
Matthews, NC 28105
Listed by Nicholas Quigley · Binaco Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1982

About this home

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 details

MLS
Canopy MLS
MLS #
CAR4437921
Property type
Showroom/Office
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
32
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Matthews Elementary
1.49 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
827
Student:teacher ratio
16.9:1
District
Charlotte-Mecklenburg Schools
Middle
Crestdale Middle
1.38 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
988
Student:teacher ratio
18.3:1
District
Charlotte-Mecklenburg Schools
High
Butler High School
0.39 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,965
Student:teacher ratio
18.9:1
District
Charlotte-Mecklenburg Schools

Walkability

Blended score for Matthews's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

71
Walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks10
Schools8
Transit stops20
Pharmacies11

Market position

How this listing compares to current activity in Matthews, from live MLS data.

On the market 0 days -- 88 fewer days than Matthews's current average of 88 days.
For reference, the median list price across 293 active listings in Matthews right now is $499,000.

Mortgage calculator

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Est. monthly payment
$18,668/mo
$615,000 down
$2,460,000 loan
Principal & interest$15,956
Property tax (est.)$2,563
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.