374 N Corporate Dr - Distribution FOR SALE
Wilmington, NC 28401 |
374 N Corporate Dr
Wilmington, NC 28401
HIGHLIGHTS
- 2019 Construction FedEx Freight Location | Corporate Guaranty from FedEx Corporation (NYSE: FDX - S&P: BBB) | $87.7 Billion in Revenue (Corporate)
- NN Lease | 15-Year Primary Term plus 2 (5-Year) Option Remaining | 5.00% Rental Increases at each Option
- Prominent Wilmington, NC Industrial Location along Hwy 421 (8,278 VPD) in the 330-acre Pender Commerce Park
- Excellent Access to I-40 & 13 Miles from Downtown Wilmington and the Port of Wilmington | National Industrial Tenant Roster in 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
- Diverse & Dynamic Economic Center | Growing Demographics in the Immediate Trade Area
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
FedEx Freight
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
2291-86-4735-0000
