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Investment Sale Opportunity - Matthews, NC

Investment Sale Opportunity - Matthews, NC

← Back to Search Results 9727 E Independence Blvd. Matthews NC, 28105


Sleep Number operated over 550 Sleep Number retail stores in 50 states. Publicly traded as (SNBR) on NASDAQ.

Genghis Grill, a build your own bowl Mongolian BBQ stir fry concept, operates approximately 50 corporate and franchise locations in 15 states.


Occupancy:  100%

Tenants:  Sleep Number / Genghis Grill

Year build / remodeled:  1992 / 2014

Year 1 in-place NOI - $251,250

CAP rate:  6.90%

Sleep Number Lease Expiration: 04/30/2025

Genghis Grill Lease Expiration:  05/31/2028

Demographics 1 mi. 3 mi. 5 mi.
POPULATION 5,405 63,207 180,607
AVERAGE HH INCOME $65,926 $88,534 $99,920
MEDIAN HH INCOME $62,709 $72,857 $78,394

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