FedEx Express | Indianapolis, IN
Sands Investment Group is Pleased to Exclusively Offer For Sale the 44,000 SF FedEx Express NN Property Located at 7105 W Morris Street in Indianapolis, Indiana. This Opportunity Includes a Long-Term Tenant That Has Operated at This Site Since 1990 and Underwent an Expansion in 1998 to Increase Capacity For Handling Packages, Providing For a Secure Investment.
- Corporate Guaranteed Net Lease – Lease Features Minimal Landlord Responsibility Limited to Roof, Structure and HVAC Major Component Replacement
- Investment Grade Tenant – Federal Express Corporation (NYSE: FDX) Reported Total Revenues of $84 Billion, Operating Income of $5.86 Billion and Net Income of $5.23 Billion For Fiscal Year Ended May 31, 2021
- The Company Currently Holds a BBB/A-2 Stable Credit Rating
- Long-Term Tenant Commitment to Site – FedEx Express Has Operated at This Site Since 1990 and Underwent an Expansion in 1998 to Increase Capacity For Handling Packages
- Recent Lease Renewal Extended Lease Term Until February 2028, Providing 38 Years of Continuous Occupancy
- Major Repairs to Building and Parking Lot Were Completed in 2016
- Premier Location With Strong Accessibility – the Property is Just West of the I-465 and US Hwy 40 Interchange, Approximately 1-Mile North of Indianapolis Airport, the Home of FedEx Express’ Second-Largest Distribution Facility
- Mission-Critical Site – Indianapolis, Indiana is a Major Hub For Air Freight and Freight Forwarding Facilities
- Nearby Tenants Include: Advance Auto Parts, Goodwill, McDonald’s, Save-A-Lot, Steak n’ Shake, Subway, Arby’s, Jimmy John’s, Dollar General and More
In Cooperation With Sands Investment Group Indiana, LLC – IN Lic. # RC52000211
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