6530 Interchange N Rd, Evansville, IN 47715
6530 Interchange N Rd, Evansville, IN 47715
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Commercial property for sale
- Description
- FedEx NN Investment - 8.43% Cap Rate - Standard & Poor's "BBB" RatingSperry Van Ness/Martin Commercial Group is pleased to offer for sale to qualified investors this strategically located and well positioned FedEx facility. This is a NN investment that is 100% leased by FedEx and was a build-to-suite for FedEx in 1987. This facility is operating as a FedEx City Station and Ship Center. The lease expires December 31, 2017 with no renewal options. Current rental rate is low compared to alternative FedEx investments and this facility type is in very high demand within the marketplace allowing any investor to obtain strong market rents on renewal. FedEx's also operates a Less-Than-Truckload (LTL) facility, a FedEx Freight and a Office Print & Ship Center in the marketplace. The specialty operations within these facilities would not be conducive for future consolidation and therefore the long-term outlook for this facility is excellent. There is up to 2.43 acres of additional land available for purchase contiguous to this site.Please contact Chris Stuard for more details.
- Map Locations
- Contact info
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J. Steven Martin, CCIM, CPM812-471-2500 ext 2780 [Office]Martin Commercial Group/Sperry Van Ness
- Note
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- Property Details
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Building Name: FedEx Corporation - City Station/Ship Center Property Type: Industrial Use Types: Truck Terminal Status: Available Year Built: 1987 MSA: Evansville Zoning: M-1 Buildings: 1 Terms: Cash to Seller Added: 08/30/2013