$4,960,000
About this home
Outstanding investment opportunity in the retail hub of Matthews. The tenant, Pike's Nursery, is a national chain with the parent organization 135 years old. The absolute net lease has 11 years remaining on the first term, with multiple additional option periods. The structure was build in 2016. In March, 2027, the rent will increase by 10%, creating a capitalization rate of 6.5%. This property is located within a few minutes of virtually every retailer of note and 4,000 apartment units.
Property details
- MLS #
- CAR4352561
- Property type
- Retail
- Subdivision
- N/A
- Status
- Active
- Days on market
- 10
- On market date
- March 2, 2026
- Stories
- 1
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 529
- Student:teacher ratio
- 16.5:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 923
- Student:teacher ratio
- 17.4:1
- District
- Charlotte-Mecklenburg Schools
- 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).
Market position
How this listing compares to current activity in Matthews, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated March 12, 2026.
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.