FedEx Ground - Tupelo, MS | 10 Year Lease | New Build to Suit Construction | Highly Passive NN Lease | Strong Logistics Location

FedEx Ground - Tupelo, MS

Highlights

100% Leased and Guaranteed by FedEx Ground Package System Inc., (FedEx Ground)

Nine (9) Years Remaining Term on a new Ten (10) Year lease

Build-to-suit, state of the art package sorting facility for FedEx Ground

Highly Passive NN Lease – Landlord responsible for roof and structure only.

Strategically Located just off U.S. Highway 78 (23,088 VPD) with immediate access to downtown Tupelo and the surrounding suburbs

As of May 31, 2014, FedEx Corporation had revenues of $45.57 billion, net income of $2.09 billion and a net worth of $15.28 billion. The company currently has an investment grade S&P rating of BBB.

Location Description

Tupelo is the county seat and the largest city of Lee County, Mississippi. It is also the seventh-largest city in the state. It is situated in northeast Mississippi, between Memphis, Tennessee, and Birmingham, Alabama, and is accessed by U.S. Route 78. As of the 2010 census, the population was 34,546, with the surrounding counties of Lee, Pontotoc and Itawamba supporting a population of 138,976.

 

Click Here for Offering Memorandum