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Fluor - FedEx Bldg 5515 Industrial Way 103,700 SF Industrial Building Pasco, WA 99301 $13,200,000 ($127.29/SF) 5.70% Cap Rate
Executive Summary
The Property is 100% leased to FedEx Express Corporation (NYSE: FDX), one of the world's leading transportation and logistics companies. FedEx operates an extensive global network serving more than 220 countries and territories and is widely recognized as a critical component of the global supply chain. FedEx Corporation generates approximately $88–92 billion in annual revenue and maintains a substantial market presence supported by its extensive transportation infrastructure and long-standing operating history. The lease extends through October 31, 2031, providing investors with durable cash flow backed by an established investment-grade corporate tenant and a mission-critical facility location within the Pasco, WA market.
Property Facts
| Price | $13,200,000 | Rentable Building Area | 103,700 SF |
| Price Per SF | $127.29 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2000 |
| Cap Rate | 5.70% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 25’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 19 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 16.00 AC | Opportunity Zone |
Yes
|
| Zoning | I-2 | ||
| Price | $13,200,000 |
| Price Per SF | $127.29 |
| Sale Type | Investment NNN |
| Cap Rate | 5.70% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 16.00 AC |
| Rentable Building Area | 103,700 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 19 |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | I-2 |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Transportation and Warehousing
-
99,999 SF
- -
-
Jan 0000
For decades, FedEx Ground has been innovating to deliver more for people. Strengthening supply chains with their global network. Simplifying logistics. Enhancing tracking and visibility. And using data from every journey to make every experience better. They use core values to create smarter supply chains. Flexibility, efficiency, and intelligence are at the heart of their efforts. They help businesses streamline operations with logistics services, automation, and supply chain visibility. They focus on sustainability initiatives like reducing emissions, and enabling businesses to track their carbon footprints.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Transportation and Warehousing | 99,999 SF | - | Jan 0000 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 113-130-551 | Improvements Assessment | $10,786,000 |
| Land Assessment | $1,286,400 | Total Assessment | $12,072,400 |
Property Taxes
Parcel Number
113-130-551
Land Assessment
$1,286,400
Improvements Assessment
$10,786,000
Total Assessment
$12,072,400
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