Net Lease
FedEx Ship Center
41 N Labombard Rd, Lebanon, NH 03766
Listing Price: $3,724,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale this FedEx Ship Center located on Lombard Road in Lebanon, New Hampshire. The property is located less than one mile from Dartmouth-Hitchcock Medical Center, the largest health system in northern New England. The FedEx Ship Center is a 23,700-square-foot facility sitting on 2.35 acres. The facility was a build-to-suit in 1990 and features metal construction along with six drive-in doors. There is over one year remaining on a Triple-Net (NNN) lease, and the lease offers two, five-year options at fair market value. FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $94 billion, the company offers integrated business solutions through operating companies collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Lebanon, which includes West Lebanon, is located in Grafton County in New Hampshire situated on the Connecticut River in the heart of a pristine New Hampshire Valley. Together with Hanover, New Hampshire, and White River Junction, Vermont, Lebanon is at the center of Micropolitan Statistical Area, encompassing nearly 30 towns along the upper Connecticut River Valley. The city is approximately 60 miles from Concord, the state capital; 120 miles from Boston and 120 miles from Burlington, Vermont. As home to Dartmouth-Hitchcock Medical Center, the Norris Cotton Cancer Center, and many high-tech, well-known companies, Lebanon’s business community is dynamic and diverse.
Investment Highlights
- Build-to-Suit for FedEx in 1990
- Below Market Rents with an Opportunity to Raise Return at the Renewal
- Desirable Market with Significant Barriers to Entry for New Development
- Located Near Dartmouth-Hitchcock Medical Center (~8,000 Employees), Lebanon Airport, and Dartmouth College (~6,350 Students)
- Dartmouth-Hitchcock is the Largest Health System in Northern New England
- TSA Approved Site
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $3,724,000
Investment Highlights
- Build-to-Suit for FedEx in 1990
- Below Market Rents with an Opportunity to Raise Return at the Renewal
- Desirable Market with Significant Barriers to Entry for New Development
- Located Near Dartmouth-Hitchcock Medical Center (~8,000 Employees), Lebanon Airport, and Dartmouth College (~6,350 Students)
- Dartmouth-Hitchcock is the Largest Health System in Northern New England
- TSA Approved Site
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale this FedEx Ship Center located on Lombard Road in Lebanon, New Hampshire. The property is located less than one mile from Dartmouth-Hitchcock Medical Center, the largest health system in northern New England. The FedEx Ship Center is a 23,700-square-foot facility sitting on 2.35 acres. The facility was a build-to-suit in 1990 and features metal construction along with six drive-in doors. There is over one year remaining on a Triple-Net (NNN) lease, and the lease offers two, five-year options at fair market value. FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $94 billion, the company offers integrated business solutions through operating companies collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Lebanon, which includes West Lebanon, is located in Grafton County in New Hampshire situated on the Connecticut River in the heart of a pristine New Hampshire Valley. Together with Hanover, New Hampshire, and White River Junction, Vermont, Lebanon is at the center of Micropolitan Statistical Area, encompassing nearly 30 towns along the upper Connecticut River Valley. The city is approximately 60 miles from Concord, the state capital; 120 miles from Boston and 120 miles from Burlington, Vermont. As home to Dartmouth-Hitchcock Medical Center, the Norris Cotton Cancer Center, and many high-tech, well-known companies, Lebanon’s business community is dynamic and diverse.
Exclusively Listed By
Broker of Record
Financing By

