FedEx Ship Center
Fortune 500 Company | Investment-Grade Corporate Lease | Passive NN Lease Structure
Marketing description
Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the FedEx Ship Center located at 4952 Lakeway Drive in College Station, Texas (the “Property”). A build-to-suit facility constructed in 2020, the Property encompasses 44,342 square feet on 7.20 acres, positioned within the Business Center at College Station development along Texas State Highway 6. FedEx relocated to this facility after outgrowing a smaller and outdated facility that was about three and half times smaller. The lease, which offers roughly 10 years of base term remaining to be followed by two, fiveyear options, is fully backed by the Federal Express Corporation and is Landlord-favorable with responsibility limited to roof and structural components. The Property is located just six miles from the campus of Texas A&M University (the largest college in the U.S. by enrollment) and will be a beneficiary of College Station’s rapid growth – often cited among the fastest-growing cities in the entire country. Additionally, its positioning within the Texas Triangle where real estate (especially quality industrial assets) is in heavy demand provides for an exceptional investment opportunity with unparalleled residual value.
Investment highlights
Best-in-Class, Investment-Grade, Fortune 500 Tenant
2020 Built-to-Suit Facility
Tenant Relocation to Meet Demand
Long-Term, Passive NN Lease
6 Miles from Texas A&M University
Rapidly Expanding Market Within Texas Triangle
Frontage on Texas Hwy 6
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