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.
Fedex Ship Center | Corporate Guarantee | Strategic Location Near Major Interstate
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
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
Financing By
