Net Leased FedEx – Typical Lease Terms and Cap Rate Date September 6, 2020
Net Leased FedEx – Typical Property and Lease Terms
| Price Range: | $5mm - $25 mm |
| Cap Rate: | 6.10% |
| Net Income: | $500,000 - $1mm |
| Price Per foot: | $100 PSF |
| Building Size: | 30,000-80,000 SF |
| Lot Size: | 5 - 10 acres |
| Escalations: | Various |
| Lease Term: | 10 Years |
| Lease Type: | NNN |
| Credit Rating: | BBB (S&P) |
Tenant Company Information:
FedEx Corporation is an American multinational delivery services company headquartered in Memphis, Tennessee.[2] The name “FedEx” is a syllabic abbreviation of the name of the company’s original air division, Federal Express (now FedEx Express), which was used from 1973 until 2000. The company is known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location, a feature that has now been implemented by most other carrier services.[3] FedEx is also one of the top contractors of the US government.
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