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180 Daniel A. Belmonte St
Emporia, VA 23847
Industrial Property For Sale
Property Facts
| Property Type | Industrial | Year Built/Renovated | 2008/2015 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 19’ |
| Lot Size | 7.30 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 50,678 SF | No. Drive In / Grade-Level Doors | 10 |
| No. Stories | 1 | ||
| Zoning | N/Av Emporia City | ||
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 7.30 AC |
| Rentable Building Area | 50,678 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2008/2015 |
| Tenancy | Single |
| Clear Ceiling Height | 19’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | N/Av Emporia City |
About 180 DANIEL A. BELMONTE ST , EMPORIA, VA 23847
The Property is a 50,678 SF distribution warehouse, built-to-suit for FedEx Ground. The lease commenced October 2008 and features rent increases both in the primary term and renewal options. The Landlord has minimal obligations, mainly capital repairs to building envelope. FedEx Ground is a subsidiary of FedEx Corp., the world’s largest commerce provider. With a net worth of almost $14 Billion, FedEx Corp. is rated ‘BBB’ by S&P and ‘Baa2’ by Moody’s. The successful investor will acquire a recently-built warehouse facility, strategically located in a consistently performing Virginia market, leased longterm to an investment grade tenant and leader of their industry sector.
Property Taxes
| Parcel Number | 21 98G1 | Improvements Assessment | $2,126,200 |
| Land Assessment | $182,500 | Total Assessment | $2,308,700 |
Property Taxes
Parcel Number
21 98G1
Land Assessment
$182,500
Improvements Assessment
$2,126,200
Total Assessment
$2,308,700
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