FedEx Express

Investment Overview

Investment Highlights

• 23,290 Square Foot Build-to-Suit Facility for FedEx Corporation in 2017
• Just Under 8 Years Remaining on an Original 15 Year Lease with 3, 5-year options to Renew.
• Minimal Landlord Responsibilities as FedEx is Responsible for Taxes, Insurance and Common Area Maintenance
• Lease is Equipped with Rental Increases Every 5 Years and Throughout the Option Periods
• FedEx Corporation is Rated BBB by Standard & Poor's -Investment Grade Tenant
• FedEx's Business Model is Well Positioned to Benefit from the E-Commerce Boom
• FedEx Express Serves Over 200 Countries and Territories Worldwide
• Facility Boasts 9 Drive Ins, 1 Dock High and a Clear Height of 16 Feet
• Strong Location in Williston with Easy Access to US-2
• Adjacent to an Additional FedEx Ship Center - Subject Property was Built to Take Advantage of the Strong Growth in the Area
• Located in the Heart of the Bakken Shale Oil Boom Area