1016 Devore Lane

For Sale

1016 Devore Lane, Matthews, NC 28105

This Matthews property for sale is located at 1016 Devore Lane. The current listed sale price for 1016 Devore Lane is $4,960,000. 1016 Devore Lane is situated on a lot that is 4.15 acre in size.

Contacts

Terry Peterson

NAI Beverly-Hanks

Property Details

  • Property Type Retail - Freestanding
  • Property Size 40,000 SF
  • Lot Size 4.15 Acre
  • Year Built 2016
  • Date Updated May 13, 2026
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.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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 52/100

    Walk Score ®

Powered by Walk Score ®

Location

  • City Matthews, NC
  • Neighborhood Bella Sera Villas
  • Zip Code 28105
  • Market Charlotte

Points of Interest

  • Hawthorne & 8th

    9.27 miles

  • Hawthorne & 5th Street

    9.29 miles

  • Sunnyside Avenue

    9.31 miles

  • Elizabeth & Hawthorne

    9.36 miles

  • CPCC Central Campus

    9.73 miles

  • Costco Gasoline

    0.35 miles

  • Exxon

    0.68 miles

  • Circle K

    1.06 miles

  • Shell

    1.76 miles

  • BP

    3.62 miles

  • EVgo Charging Station

    3.63 miles

  • Murphy USA

    4.30 miles

  • Tesla Supercharger

    6.14 miles

  • EVgo

    9.01 miles

  • ChargePoint

    9.82 miles

  • Matthews Park & Ride

    1.07 miles

  • Lot 7

    1.67 miles

  • Cross Country Parking Lot

    2.99 miles

  • Sharon Square Parking Deck

    7.61 miles

  • Woodmere Lot D

    7.91 miles

  • Woodmere Lot B

    7.92 miles

  • Woodmere Lot A

    7.92 miles

  • Woodmere Lot C

    7.95 miles

  • Withers Lot

    8.62 miles

  • Harris Welcome Center Lot

    8.64 miles

  • Jersey Mike's Subs

    0.14 miles

  • Jimmy John's

    0.23 miles

  • Qdoba

    0.25 miles

  • Ipanema Grille & Steakhouse

    0.25 miles

  • Kabob-Je Rotisserie & Grille

    0.26 miles

  • Mooyah

    0.26 miles

  • McAlister's Deli

    0.30 miles

  • Golden Corral

    0.47 miles

  • Texas Roadhouse

    0.48 miles

  • Bonefish Grill

    0.50 miles

  • Marshalls

    0.14 miles

  • Big Lots

    0.59 miles

  • Target

    0.60 miles

  • Harris Teeter

    0.71 miles

  • Kohl's

    0.97 miles

  • Ross

    1.09 miles

  • Food Lion

    1.10 miles

  • Burlington

    1.81 miles

  • ALDI

    1.82 miles

  • Walmart Supercenter

    2.08 miles

Contact Listing Broker
Terry Peterson

NAI Beverly-Hanks

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.