Vacant Restaurant

9550 E Independence Blvd
Matthews, NC
place offer

Property Details

Vacant Restaurant - For Sale, For Lease or Ground Lease Description: Versatile Restaurant Building with Drive Thru Potential, boasting nearly 70,000VPD of combined traffic at the Hard Signalized Corner Location of Independence Blvd and Sam Newell Rd, Over 500 Feet of frontage with nearly 300 Feet of Frontage and Ingress/Egress access points to Independence Blvd. For Lease Rate $50/Sf | $162,000
Year Built
Lot Size
0.93 Acres
Building Size
3,240 SQ FT
Lease Structure
Absolute NNN Ground Lease

Investment Details

  • Layout- Efficient 3,240SF Restaurant Layout on 0.93AC Parcel
  • Drive-Thru- The property has the potential to add a Drive Thru
  • Location- Hard corner location of E independence rd & Sam Newell Rd
  • Multiple Points of Ingress and Egress-Ease of entry from Independence Blvd with right-hand turn lane and direct access.
  • Visibility– High Visibility location with 284 feet of frontage on Independence Blvd & 224 feet on Sam Newell Rd Frontage
  • National Tenant Neighbors- Premium location evidenced by McDonald’s and Chick-Fil-A in the vicinity who historically only permit Grade A locations.
  • Limited Vacancy- Tight Market with Limited Vacancies within the Independence Blvd Retail Corridor
  • Anchor Tenants- Join other anchor retailers within the Independence Blvd Corridor such as: Target, Costco, Home Depot, Lowes, Kohl’s, Harris Teeter
asking price
cap rate
Contact Agent

Contact Us

Braden Crockett