Department Store

FedEx

174 West St, Hatfield, MA 01088

Listing Price: $2,067,692

Cap Rate
100.00%
Tenant Name
Federal Express Corporation
Years Remaining On Lease
2.3
Gross SF
24,007
Guarantor
Corporate Guarantee
Rentable SF
24,007
Price/Gross SF
$86.13
Lease Type
Absolute Net
Rent Per Square Feet
$86.13

Investment Overview

FedEx Corporation (NYSE: FDX), the worlds largest commerce provider, is comprised of three major service lines. The consolidated company offers a broad range of services and solutions which link 99% of the worlds GDP. Through fiscal 2019, FedEx Corporation generated $69.6 billion in revenues, a $540 million net income, and currently boasts a market cap of $44.2 billion. The Company currently holds investment grade credit ratings by both Standard & Poors and Moodys Investor Services issuing stable outlooks with BBB and Baa1 ratings, respectively.

Investment Highlights

  • Assumable Non-Recourse Financing
  • Critical Locations Off Major Interstates
  • Long Operating History with 30+ Years of Occupancy
  • Below Market Rents

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Anthony D'Ambrosia

    Licensed Real Estate Salesperson

    (212) 430-5237

    Email Anthony

    License(s): NY: 10401263344

    Manhattan

  • Cade N. Kearn

    Licensed Real Estate Salesperson

    Email Cade

    License(s): NY: 10401307341

    Manhattan

Broker of Record

  • John Horowitz

    First Vice President / District Manager

    License(s): MA: 1000303

    Massachusetts

Listing Price: $2,067,692

Cap Rate
100.00%
Tenant Name
Federal Express Corporation
Years Remaining On Lease
2.3
Gross SF
24,007
Guarantor
Corporate Guarantee
Rentable SF
24,007
Price/Gross SF
$86.13
Lease Type
Absolute Net
Rent Per Square Feet
$86.13

Investment Highlights

  • Assumable Non-Recourse Financing
  • Critical Locations Off Major Interstates
  • Long Operating History with 30+ Years of Occupancy
  • Below Market Rents

Investment Overview

FedEx Corporation (NYSE: FDX), the worlds largest commerce provider, is comprised of three major service lines. The consolidated company offers a broad range of services and solutions which link 99% of the worlds GDP. Through fiscal 2019, FedEx Corporation generated $69.6 billion in revenues, a $540 million net income, and currently boasts a market cap of $44.2 billion. The Company currently holds investment grade credit ratings by both Standard & Poors and Moodys Investor Services issuing stable outlooks with BBB and Baa1 ratings, respectively.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Anthony D'Ambrosia

    Licensed Real Estate Salesperson

    (212) 430-5237

    Email Anthony

    License(s): NY: 10401263344

    Manhattan

  • Cade N. Kearn

    Licensed Real Estate Salesperson

    Email Cade

    License(s): NY: 10401307341

    Manhattan

Broker of Record

  • John Horowitz

    First Vice President / District Manager

    License(s): MA: 1000303

    Massachusetts

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