3620 BORGEN DR DANVLE Danville IL 61834-6711

Cushman & Wakefield is pleased to offer for sale a new, fully leased +/-217,323 sq. ft. concrete tilt up distribution building in Danville, IL. The building was completed in September 2022 and rent commenced October 1st, 2022.

The building was fully leased to FedEx Ground Package System, Inc. (“FedEx Ground”) for 10 years with 5.00% rent increases every 5 years. The tenant is responsible for the cost of all operating expenses except for roof and structural maintenance, and repairs.

FedEx Ground is a leading shipper of small packages in North America with approximately 450 facilities in the U.S. FedEx Ground’s average daily shipping volume was 9.2 million packages per day in Fiscal Year 2024. FedEx Ground is the second largest subsidiary of FedEx Corporation (NYSE: FDX) with $34 billion in annual subsidiary Revenues. FedEx Ground is the parent company’s fastest growing subsidiary. FedEx Corporation is ranked #39 in the Fortune 500 and has a S&P BBB bond rating.

The FedEx Ground subsidiary was merged into Federal Express Corporation on June 1, 2024. The lessee for the subject property is now Federal Express Corporation, which has an S&P BBB bond rating.

• Cash on Cash Year 1 - 7.33%

• Cash on Cash Beginning Month 25 - 8.14%

• 10 Year Original Lease Term

• 7 Year + Remaining Term

• FedEx S&P BBB Bond Rating

• 2X Operational Expansion Capability within the Building

• Multiple Global Brand Manufacturing and Distribution Facilities in Danville

• Strong Agriculture Economy in the

• FedEx Express/Ground Service Area

• University of Illinois and Purdue University are within 30 and 45 Minute Drives of the Subject Property