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Matthews Festival Shopping Center 10404 E Independence Blvd 1,200 - 45,817 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 (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 500 | 40,920 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 650 | 1,200 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste OP | 3,697 SF | 5-15 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
10400-10420 E Independence Blvd - 1st Floor - Ste 500
Former Big Lots space
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- 3 Loading Docks
10400-10420 E Independence Blvd - 1st Floor - Ste 650
Existing Brazilian wax tenant is looking to backfill the space they previously expanded into.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
10400-10420 E Independence Blvd - 1st Floor - Ste OP
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
- 229
- International
- Metro Diner
- -
- -
- -
- MOD Pizza
- Restaurant
- 515
- International
- Sola Salons
- -
- -
- -
- Texas Roadhouse
- Restaurant
- 790
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Big Lots | - | - | - |
| Carrabba’s Italian Grill | Restaurant | 229 | International |
| Metro Diner | - | - | - |
| MOD Pizza | Restaurant | 515 | International |
| Sola Salons | - | - | - |
| Texas Roadhouse | Restaurant | 790 | International |
PROPERTY FACTS
| Total Space Available | 45,817 SF | Frontage | 700’ on E. Independence Blvd. |
| Center Type | Community Center | Gross Leasable Area | 295,151 SF |
| Parking | 1604 Spaces | Total Land Area | 48.26 AC |
| Center Properties | 6 | Year Built | 1987 |
| Total Space Available | 45,817 SF |
| Center Type | Community Center |
| Parking | 1604 Spaces |
| Center Properties | 6 |
| Frontage | 700’ on E. Independence Blvd. |
| Gross Leasable Area | 295,151 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
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Matthews Festival Shopping Center | 10404 E Independence Blvd
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