Listed by Capital Real Estate Commercial
$5,700,000
FedEx San Angelo, TX
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 47,701
Cap Rate 6.9%
NOI $393,077
Occupancy 100%
Tenancy Single
Brand/Tenant FedEx
Lease Type NNN
Lease Term 15
Lease Expiration 02/28/2031
Remaining Term 4.7
Rent Bumps Yes
Lease Options 1 X 5 Year Option
Price per SqFt $119
Broker Co-Op Yes
Year Built 2016
Acreage 9.000
Investment Type Stabilized
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/01/2016
Occupancy Date 03/01/2016
Industrial | 6.90% CAP | 47,701 SqFt
Marketing description
FedEx Net Leased Deal
Investment highlights
FedEx executed an early extension option showing their commitment to the site
Tenant has made several improvements to the site
Listing Contacts
Listed by Capital Real Estate Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$393,077.00
$32,756.42/mo
Valuation Metrics
0
DSCR
6.9%
Cap Rate
6.9%
ROI
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