100 Sh Morgan Pkwy
Bloomingdale, GA 31302
FedEx Freight · Industrial Property For Sale

The lease is corporately guaranteed by FedEx Corporation, a multinational courier delivery company that boasts over 14 million shipments each business day. FedEx Corporation covers over 220 countries/territories, and reported $60.3 Billion in revenue in FY2017. There are twelve (12.6) years remaining on the lease term, plus two (2), five (5) year options. The lease provides for a 13% rental increase at Option 1 and a 5% rental increase at Option 2. This property features 2016 construction and is located on 22.12 acres, allowing for future expansion potential. The lease structure is double net (NN), with minimal landlord responsibilities. The subject property is located just 11 miles (20 minutes) away from the Port of Savannah, the largest single container terminal in North America, and the 4th largest port in the nation transferring 35 million tons of containerized cargo annually. The subject property is located within the “Prologis Savannah Logistics Center”, an entitled 250-acre industrial park located 2.7 miles (5 minutes) from Interstate 16 and 2.8 miles (6 minutes) from U.S. 80. Savannah is a first tier port industrial market totaling over 51 million square feet. Surrounding tenants in the Prologis Savannah Logistics Center include Floor & Decor, OHL, Expeditors, Store Supply and Matson Logistics. The average household income in the five (5) mile demographic ring is an affluent $83,624. Georgia Ports Authority operations, together with private sector, port-related operations, account for more than 369,000 jobs statewide, $84.1 billion dollars in revenue, and income exceeding $20.4 billion annually.