4205 Highlander Pky | Richfield, OH 44286
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- LoopNet Team
4205 Highlander Pky
Richfield, OH 44286
FedEx Custom Critical - Single Tenant HQ · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 10-Year Lease w/ Rare FedEx Corporation Investment Grade Guarantor (Standard & Poor’s BBB Rated)
- Constructed 1996 as a Build-to-Suit and Customized for FedEx Custom Critical in 2024, Significant Tennant Improvement Capital over $10 Million
- Expense Exposure is Capped with a Base Year Established, Conservative Expense Budget Used Including Large Management Fee
- Rare 2% Annual Rental Escalations Throughout Term and Two 5-Year Option Periods
- Tenant Has Long Operating History in Area Demonstrating Strong Commitment to the Site, Relocating to this New Rightsized Office Headquarters
- Sourced CMBS 5-Year I/O Available
PROPERTY FACTS
Property Type
Office
Building Size
70,773 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
35,387 SF
Slab To Slab
12’
Building FAR
0.24
Lot Size
6.72 AC
Zoning
447-C - Office Building 1-2 Stories
Parking
200 Spaces (2.83 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Natural Light
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 50-02721 | Improvements Assessment | $0 |
| Land Assessment | $97,538 | Total Assessment | $97,538 |
PROPERTY TAXES
Parcel Number
50-02721
Land Assessment
$97,538
Improvements Assessment
$0
Total Assessment
$97,538
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