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4952 Lakeway Dr 44,342 SF 4-Star Industrial Building College Station, TX 77845 $11,017,732 ($248.47/SF) 5.60% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Best-in-Class, Investment-Grade, Fortune 500 Tenant
  • Long-Term, Passive NN Lease
  • ± 6 Miles from Texas A&M University
  • 2020 Built-to-Suit Facility
  • Rapidly Expanding Market Within Texas Triangle
  • Frontage on TX Hwy 6

EXECUTIVE SUMMARY

Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the FedEx Ship Center located at 4952 Lakeway Drive in College Station, Texas (the “Property”). A build-to-suit facility constructed in 2020, the Property encompasses 44,342 square feet on 7.20 acres, positioned within the Business Center at College Station development along Texas State Highway 6. FedEx relocated to this facility after outgrowing a smaller and outdated facility that was about three and a half times smaller. The lease, which offers roughly 10 years of base term remaining to be followed by two, five-year options, is fully backed by the Federal Express Corporation and is Landlord-favorable with responsibility limited to roof and structural components. The Property is located just six miles from the campus of Texas A&M University (the largest college in the U.S. by enrollment) and will be a beneficiary of College Station’s rapid growth – often cited among the fastest-growing cities in the entire country. Additionally, its positioning within the Texas Triangle where real estate (especially quality industrial assets) is in heavy demand, providing for an exceptional investment opportunity with unparalleled residual value.

ATTACHMENTS

Download OM

PROPERTY FACTS

Price $11,017,732
Price Per SF $248.47
Sale Type Investment NNN
Cap Rate 5.60%
Property Type Industrial
Building Class B
Lot Size 7.20 AC
Rentable Building Area 44,342 SF
No. Stories 1
Year Built 2020
Tenancy Single
Parking Ratio 3.63/1,000 SF
Zoning M-1 - Light Industrial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Transportation and Warehousing
  • 44,342 SF
  • $13.91
  • Sep 2035

FedEx Office is a division of FedEx Corporation specializing in printing, copying, packing, and shipping services. The corporate headquarters and flagship location at 7900 Legacy Drive in Plano, Texas, offers services such as professional printing, office supplies, passport photos, FedEx shipping, drop boxes, and self-service kiosks. Located in the Dallas–Fort Worth metroplex, this facility operates extended business hours and supports FedEx's national network. Founded in 1984 as Kinko’s before being acquired and rebranded by FedEx in 2004, FedEx Office operates under the publicly traded parent, FedEx Corporation (NYSE: FDX).

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Transportation and Warehousing 44,342 SF $13.91 Sep 2035

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
171500-0206-0050
Land Assessment
$1,193,512
Improvements Assessment
$3,539,021
Total Assessment
$4,732,533
  • Listing ID: 38423043

  • Date on Market: 11/12/2025

  • Last Updated:

  • Address: 4952 Lakeway Dr, College Station, TX 77845

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