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FedEx 700 International Way 67,920 SF Flex Building Springfield, OR 97477 $11,942,856 ($175.84/SF) 6.50% Cap Rate



Executive Summary
Free-standing industrial and office facility located at 700 International Way in Springfield's core industrial district. The ±67,920 SF single-story building is designed for distribution, fleet operations, and administrative use, with a functional layout purpose built for FedEx Express. Ideal for investors seeking a mission-critical logistics facility or operators requiring a functional, well-located distribution hub. Lane County's industrial market remains supply-constrained with~1.5% vacancy and consistent rent growth, reinforcing the property's long-term user demand and market stability. The site provides dedicated truck courts, ample paved parking, and defined ingress/egress routes supporting both employee and fleet traffic. The surrounding International Way industrial corridor offers immediate access to Highway 126 and I-5, placing the property within a strategic regional distribution hub. The warehouse component, totaling roughly +54,595 SF, features clear-span space, multiple dock-high and grade-level loading positions, and optimized vehicle circulation for high-volume logistics. The ±13,325 SF office area includes reception, conference rooms, dispatch areas, locker rooms, and employee
amenities, arranged efficiently for operational flow.
amenities, arranged efficiently for operational flow.
Property Facts
Amenities
- Conferencing Facility
- Reception
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Property Taxes
| Parcel Number | 1644242 | Improvements Assessment | $2,232,581 |
| Land Assessment | $4,833,218 | Total Assessment | $7,065,799 |
Property Taxes
Parcel Number
1644242
Land Assessment
$4,833,218
Improvements Assessment
$2,232,581
Total Assessment
$7,065,799
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FedEx | 700 International Way
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