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Net Lease

Fedex Ship Center | Corporate Guarantee | Strategic Location Near Major Interstate

6650 Emerson Ave, Parkersburg, WV 26104

Listing Price: $2,119,000

Cap Rate
6.75%
Lot Size
2.71 acres
Year Built
1987
Rentable SF
21,400

Investment Overview

Marcus & Millichap is pleased to bring to market FedEx located in Parkersburg, WV.

Investment Highlights

  • Over Five and a Half Years Remaining on a Double Net Lease | Metal Roof with Minimal Landlord Responsibilities | Two, Five-Year Options with FMV Rental Increases
  • Long-Term Occupancy: Tenant Has Operated at this Location Since 1987 | Corporately Guaranteed Lease, FedEx is an S&P BBB Credit Rated Tenant
  • Fed Ex is the World's Largest Consumer Logistics and Transportation Company | FedEx Ship Centers Provide Packaging, Labeling, and Parcel Shipping Services Across the Globe | FedEx Business Offers Regu
  • Situated Immediately Off of Interstate 77 Seeing 17,200+ Vehicles Per day (VPD)
  • Near Multiple National Tenants Including Burger King, BFS Gas Station, Tim Hortons, Sleep Inn, Holiday Inn Express, Little Caesars, Exxon and More | Adjacent to Emmerson Commons: Planned 45+ Acre Multi Tenant Center Anchored by Menards
  • 5 Miles From Downtown Parkersburg: Emerson Avenue is a Main Artery into the City Seeing 9,400+ VPD
  • 3 Miles from a FedEx Freight Center Located At the Mid-Ohio Valley Regional Airport | FedEx Recently Opened a 250k SF, $41.3 Million Distribution Center in South Parkersburg
  • Strong Demographics: Parkersburg is the 4th Largest City in WV | 71,000+ Within 7-Miles| Parkersburg is Equidistant from Two Major Population Centers: Pittsburgh, PA and Columbus, OH

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) WV: WVB220300809

    West Virginia

Financing By

Net Lease

Fedex Ship Center | Corporate Guarantee | Strategic Location Near Major Interstate

Listing Price: $2,119,000

Cap Rate
6.75%
Lot Size
2.71 acres
Year Built
1987
Rentable SF
21,400

Investment Highlights

  • Over Five and a Half Years Remaining on a Double Net Lease | Metal Roof with Minimal Landlord Responsibilities | Two, Five-Year Options with FMV Rental Increases
  • Long-Term Occupancy: Tenant Has Operated at this Location Since 1987 | Corporately Guaranteed Lease, FedEx is an S&P BBB Credit Rated Tenant
  • Fed Ex is the World's Largest Consumer Logistics and Transportation Company | FedEx Ship Centers Provide Packaging, Labeling, and Parcel Shipping Services Across the Globe | FedEx Business Offers Regu
  • Situated Immediately Off of Interstate 77 Seeing 17,200+ Vehicles Per day (VPD)
  • Near Multiple National Tenants Including Burger King, BFS Gas Station, Tim Hortons, Sleep Inn, Holiday Inn Express, Little Caesars, Exxon and More | Adjacent to Emmerson Commons: Planned 45+ Acre Multi Tenant Center Anchored by Menards
  • 5 Miles From Downtown Parkersburg: Emerson Avenue is a Main Artery into the City Seeing 9,400+ VPD
  • 3 Miles from a FedEx Freight Center Located At the Mid-Ohio Valley Regional Airport | FedEx Recently Opened a 250k SF, $41.3 Million Distribution Center in South Parkersburg
  • Strong Demographics: Parkersburg is the 4th Largest City in WV | 71,000+ Within 7-Miles| Parkersburg is Equidistant from Two Major Population Centers: Pittsburgh, PA and Columbus, OH

Investment Overview

Marcus & Millichap is pleased to bring to market FedEx located in Parkersburg, WV.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): WV: WVB220300809

    West Virginia

Financing By

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