The asset is leased to FedEx Corporation (NYSE: FDX), one of the world's leading transportation and logistics providers with an investment grade BBB credit rating from S&P. The lease is backed by a corporate guaranty and currently extends through September 30, 2031, following a recent lease extension. The double-net lease structure provides for 3% annual rental increases throughout the remaining primary term, with two additional five-year renewal options at fair market value. This combination of investment grade tenancy, contractual rent growth, and demonstrated commitment to the location offers investors durable cash flow and long-term income stability.