FedEx Corporation | Urbana, IL
We Are Pleased to Exclusively Offer For Sale the 25,850 SF FedEx Corporation NN Lease Located at 2007 N Federal Drive in Urbana, Illinois, Near the University of Illinois. This Opportunity Includes a High Quality, Credit-Tenant That Has Been Located at the Property Since 1990, Providing For a Secure Investment With an Established Tenant.
- Essential Business – FedEx Has Been Operating as Usual and in Fact Has Seen a Tremendous Increase in Activity During the Past Few Years, Especially During the Pandemic
- Limited Landlord Responsibilities – There Are Over 4 Years Remaining on this Corporate Guaranteed Lease With Two 5-Year Options to Extend
- Long Operating History – Tenant Has Been Operating at This Location Since 1990 Showing Commitment to the Site
- 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
- Premier Location With Strong Accessibility
- Located 2.5-Miles to the University of Illinois at Urbana-Champaign
- Adjacent to Interstate 74 Which Sees Over 54,700 Vehicles Per Day
- Located Near Interstate 57 (35,600 VPD) and Interstate 72 (16,214 VPD)
- Over 140,000 Residents Live Within a 5-Mile Radius Making an Average Household Income of $67,124
- Nearby Tenants Include: Olive Garden, Taco Bell, Kohl’s, Starbucks, ALDI, Starbucks, Home Depot, McDonald’s, Target and More
In Cooperation With ParaSell, Inc., A Licensed Illinois Broker Lic. # 478027307 BoR: Scott Reid – Lic. # 478027307
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