Investment Overview
Prime industrial investment opportunity featuring a 70,000 SF facility constructed in 2022 and maintained in excellent condition.
The property is secured by a brand-new 4-year lease with FedEx, a strong national credit tenant, plus two additional 1-year renewal options, providing investors with stable contractual income and limited near-term rollover exposure. Price is a 7.0% cap rate on current income. Projected solar income would make this an 8.0 cap.
Investment Highlights
- National Credit Tenant - FedEx
- Brand new 4 year lease with 2 - 1 year renewal options
- Potential Rooftop Solar Income Opportunity