FedEx Express Corporation
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)
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