FedEx Express NN Property Industrial Investment Indiana

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Investment Offering

Tenant: FedEx Express | Indianapolis, IN
Premises: 44,000 SF
Renewal Options: 2 x 5 Years

Lease Expiration: 2/29/2028
Lease Type: NN
Rental Increases: Fair Market Value at Options

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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Tenant Overview

FedEx was once just a tiny delivery company; now this Fortune 500 Company shows no signs of slowing down. The company is an American multinational courier delivery services headquartered in Memphis, TN. The company is known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location (to help in finding lost packages), a feature that has now been implemented by most other carrier services.
FedEx provides a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the respected FedEx brand. These companies are included in four business segments, one being: FedEx Express. FedEx Express is the world’s largest express transportation company, offering time-definite delivery to more than 220 counties and territories, connecting markets that comprise more than 90% of the world’s gross domestic product. The FedEx Express segment also includes FedEx Trade Networks, Inc., which provides international trade services, specializing in customs brokerage and global ocean and air freight forwarding; FedEx SupplyChain Systems, Inc., which offers a range of supply chain solutions; and Bongo International, LLC, which is a leader in cross-border enablement technology and solutions.
Unmatched air route authorities and transportation infrastructure, combined with leading-edge information technologies, make FedEx Express the world’s largest express transportation company, providing fast services for more than 3.6 million shipments each business day. FedEx is now at 150 stores within Walmart locations. There are now over 2,200 FedEx Office locations inside hotel and convention centers, OnCampus sites at universities and corporate campuses across the country and 32 FedEx SameDay City markets serving more than 1,950 cities.

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