416 34th Ave S - Industrial FOR SALE
Waite Park, MN 56387 |
$8,101,296 USD
972-998-4108
416 34th Ave S
Waite Park, MN 56387
HIGHLIGHTS
- Industry Leading Tenant - FedEx Freight is an industry leader in the Less-Than-Truckload (LTL) industry, generating $9.4B in revenue in FY '24.
- Strategic Hub - This property serves as the 2nd largest FedEx Freight facility in Minnesota by size and the only FedEx Freight location in St. Cloud.
- Functional Facility - The ±25,430 SF building sits on ±9.51 AC, features 54 dock doors, and ample fenced/secured paved truck courts and parking areas.
- Long Term Operating History - FedEx Freight has occupied the site for more than 20 years.
- Multiple Expansions - The facility has benefited from major expansions in 2000 and 2017, transforming it into a highly functional trucking terminal.
FOR SALE DETAILS
PRICE
$8,101,296 USD
PRICE/SF
$319 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
54
DRIVE INS
3
PARKING SPACES
20
LAND DETAILS
LAND ACRES
9.51
LAND SF
414,256
ZONING
Commercial
APN/PARCEL ID
98.60672.0700
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
972-998-4108
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
972-998-4108
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
