374 N Corporate Dr | Wilmington, NC 28401
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374 N Corporate Dr
Wilmington, NC 28401
FedEx Freight · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 2019 Construction FedEx Freight Location | Corporate Guaranty from FedEx Corporation (NYSE: FDX - S&P: BBB) | $87.7 Billion in Revenue (Corporate)
- Prominent Wilmington, NC Industrial Location along Hwy 421 (8,278 VPD) in the 330-acre Pender Commerce Park
- Located 8 Miles Northwest of Wilmington International Airport, 10.5 Miles North of the Port of Wilmington, and 13 miles North of Downtown Wilmington
- NN Lease | 15-Year Primary Term plus 2 (5-Year) Option Remaining | 5.00% Rental Increases at each Option
- Excellent Access to I-40 & 13 Miles from Downtown Wilmington and the Port of Wilmington | National Industrial Tenant Roster in Pender Commerce Park
- Diverse & Dynamic Economic Center | Growing Demographics in the Immediate Trade Area
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 14,890 SF |
| Property Subtype | Distribution | No. Stories | 1 |
| Building Class | B | Year Built | 2019 |
| Lot Size | 10.54 AC | Tenancy | Single |
| Zoning | GI | ||
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 10.54 AC |
| Rentable Building Area | 14,890 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Tenancy | Single |
| Zoning | GI |
PROPERTY TAXES
| Parcel Number | 2291-86-4735-0000 | Improvements Assessment | $1,707,410 |
| Land Assessment | $118,918 | Total Assessment | $1,826,328 |
PROPERTY TAXES
Parcel Number
2291-86-4735-0000
Land Assessment
$118,918
Improvements Assessment
$1,707,410
Total Assessment
$1,826,328
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