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31850155
31850154

1051 Hurst Road, Jackson, MI 49201

AH
CA 02009656
Matthews
MP
CA 02151372
Matthews
Listed by Matthews
$1,716,000
64 days on market
Updated 49 days ago

FedEx Express Corporation

Details
Property Type Industrial
Sub Type Distribution
Square Footage 19,530
Cap Rate 8.25%
NOI $141,593
Tenancy Single
Lease Type NNN
Lease Expiration 06/30/2028
Remaining Term 2
Lease Options 1, 5-Year Option @ 95% Fair Market Value
Year Built 1998
Acreage 2.510
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/30/1998
Ground Lease No
Dock High Doors 2

FedEx Express Corporation | BBB Credit | 8.25% Cap Rate

Investment highlights

Investment Grade Tenant – The lease is guaranteed by Federal Express Corporation (S&P “BBB” Bond Credit Rating), the world’s largest express transportation company providing a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently, and managed collaboratively under the FedEx brand with ±$88 Billion of Annual Revenue.

Functional Build-to-Suit Industrial/ Long-Standing History – FedEx has been leasing this specific distribution hub since it was built approximately 25 years ago due to its functionality and strategic location. Built in 1998 for FedEx, this facility features an ±18’ clear height with two (2) dock high doors and three (3) grade level doors within a ±19,530 SF facility on ±2.51 AC (18% Building/Lot Coverage Ratio) for ample outdoor parking, storage, and building expansion potential.

Prime Location – The subject property is strategically located within an industrial park less than one (1) mile from the Jackson County Airport and directly adjacent to the I–94I & M-60, which provides efficient transportation and logistics:

  • ±35 miles from Ann Arbor continuing into Downtown Detroit
  • ±50 miles from Detroit Metropolitan Wayne County International Airport
  • ±70 miles from the Detroit-Windsor Tunnel (connects Detroit, MI to Windsor, Ontario, Canada)

Listing Contacts

AH
CA 02009656
Matthews
MP
CA 02151372
Matthews
Listed by Matthews

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$141,592.56
$11,799.38/mo

Valuation Metrics

0
DSCR
8.25%
Cap Rate
8.25%
ROI

Map

Zoning

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I-1 IndustrialLight IndustrialLight Industrial District
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Matt Fitzgerald
License
6502432668, 6505432273 (MI)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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