3017 W 17th St
Erie, PA 16505
Former FedEx Express · Industrial Property For Sale
Property Facts
About 3017 W 17TH ST , ERIE, PA 16505
SRS National Net Lease Group is pleased to present the rare opportunity to acquire FedEx Express, an NN leased, single tenant industrial facility located in Erie, Pennsylvania. The tenant, Federal Express Corporation (NYSE: FDX | S&P: BBB), has approximately 2 years remaining in the initial term, with 2 (5-year) option periods to extend at fair market value. The parcel has room for expansion. The lease is guaranteed by Federal Express Corporation, which had revenues of $50.37 billion in 2016. FedEx Express, a subsidiary of Federal Express Corporation, occupies the subject property. FedEx Express is responsible for servicing every street address in the U.S through its network of 375 airports and 37,500 FedEx Express Drop Box Locations worldwide.
Property Taxes
| Parcel Number | 33-047-171.0-033.02 | Improvements Assessment | $1,655,790 |
| Land Assessment | $227,300 | Total Assessment | $1,883,090 |
Property Taxes
