Investment Overview
This property is occupied by a retail FedEx shipping center serving both local businesses and individual customers. In-store offerings include domestic and international shipping, professional packaging, returns processing, passport photo services, and secure document shredding.
Building is a corrugated metal building with a gabled roof constructed on a concrete slab foundation. The retail/office space totals approximately 3,000 square feet on the first floor. The second floor is unfinished space consisting of 3,120 SF. The warehouse space is 7,000 SF (70' x 100') with 7 ground level drive in doors, 6 (12' x 12') doors with 3 located on each side and 1 (14' x 19') door located on the rear of the building.
Longstanding lease since 1984. Current 5-year lease expires March 31, 2028, with two (2) five (5) year renewal options at 95% of fair market rent. Additional information available on request.
Investment Highlights
- Longstanding FedEx Location
- 5 year lease term with two 5 year renewal options
- Well located in the Tupelo MS market