Industrial    

FedEx Express

 Flint, MI

Asking Price

$5,961,381

Cap Rate

5.50%

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Use

Industrial

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Square Feet

57,522

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Land

5.5 Acres

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Expenses

NN

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Strong Tenant

S&P: BBB

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment-Grade Credit | FedEx Corporation: BBB/Stable (S&P)
  • 20+ Year Occupancy History with 10-Year Extension in 2017
  • Approx. $250K in 2017 Capital Improvements
  • Passive NN Lease Structure
  • Directly Adjacent to Bishop Int’l Airport Servicing FedEx Express & Feeder Cargo Lines
  • Strong Industrial Submarket Performance: 2.9% Vacancy and 4.0%+ Avg. Rent Growth
  • FMV Options with Upside Potential
  • Located Within an Opportunity Zone

Exclusively Listed By

Jason Powell

Senior Director & Partner
  jpowell@stanjohnsonco.com   

Colin Couch

Associate Director
  ccouch@stanjohnsonco.com      404.823.6754

Max Van Dresser

Associate Director
  mvandresser@stanjohnsonco.com   

David Marlett

Senior Analyst
  dmarlett@stanjohnsonco.com   

In Association With
Melissa McKenzie

Michigan Broker #6502387293

Northmarq

3340 Peachtree Rd NE
Suite 650
Atlanta, GA 30326


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