- For Sale $2,950,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 24,499 SF
- Lot Size 2.57 Acre
- Property Tenancy Single Tenant
- Year Built 1973
- Year Renovated 1981
- Date Updated Jan 20, 2024
- HVAC None
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- OVER 7 YEARS REMAINING | NET-LEASED FEDEX SHIP CENTER
- MINIMAL RESPONSIBILITIES | DOUBLE NET STRUCTURE
- (2) 5-YEAR OPTIONS WITH FMV RENT INCREASES EACH OPTION
- FEDEX (S&P BBB) CORPORATE GUARANTEE
- FEE SIMPLE ASSET | DELIVERED FREE & CLEAR
- LOCATED IN TENNESSEE | INCOME TAX FREE STATE
- BRAND NEW ROOF REPLACED IN 2021
- LONG TERM OCCUPANCY | OVER 23 YEARS AT SITE
- BELOW MARKET RENTS | FEDEX PAYING $5.19 PSF
- SITUATED ON 2.57-ACRE LOT | 24,449-SQUARE FOOT BUILDING
- NO IMMEDIATE COMPETITION IN VICINITY
- COOKEVILLE TN | ONE OF THE FASTEST GROWING CITIES
- STRONG DEMOS | 51,000+ PEOPLE IN 5-MILE RADIUS
- STABLE MARKET | $60,000+ INCOME IN 5-MILE RADIUS
- RETAILERS IN IMMEDIATE VICINITY INCLUDE: WALMART, MENARD’S, FEDEX, MCDONALD’S, , BURGER KING, TACO BELL, DOLLAR GENERAL, ADVANCE AUTO PARTS, AUTOZONE, TRACTOR SUPPLY COMPANY, TIM HORTON’S, DOLLAR TREE, ETC.
False
Contacts
Location
Getting Around
-
Walk Score ®
13/100
Car-Dependent
-
Bike Score ®
20/100
Somewhat Bikeable
- City Cookeville, TN
- Zip Code 38501
Points of Interest
-
Sunoco
0.12 miles
-
BP
1.17 miles
-
Shell
1.18 miles
-
Citgo
1.53 miles
-
Mapco
1.53 miles
-
Shell
1.61 miles
-
Marathon Gas
1.75 miles
-
Shell
1.95 miles
-
Phillips 66
2.08 miles
-
Gulf
2.23 miles
-
Fiesta Cancun Grill
1.32 miles
-
Wendy's
1.51 miles
-
Bravo Cafe and Grill
1.51 miles
-
Miniburger
1.53 miles
-
Zaxby's
1.53 miles
-
Pizza Hut
1.56 miles
-
Cinco Amigos
1.57 miles
-
Pharaoh's Grill
1.57 miles
-
Cleopatra Hookah Cafe and Grill
1.60 miles
-
Subway
1.61 miles
-
TJ Maxx
1.45 miles
-
Kohl's
1.46 miles
-
Belk
1.56 miles
-
Food Lion
1.66 miles
-
Leo's Spring Street Supermarket
1.71 miles
-
Institutional Wholesales
1.88 miles
-
Willow Tree Shopping Center
1.91 miles
-
Dollar General Market
2.25 miles
-
IGA
2.34 miles
-
Kroger
2.41 miles
-
DaVita Dialysis
1.51 miles
-
Andy's Pharmacy
1.58 miles
-
Cookeville Regional Medical Center
1.69 miles
-
Family Wellness Pharmacy
1.72 miles
-
CVS Pharmacy
1.76 miles
-
Putnam County Fire Department
1.82 miles
-
Walgreens
1.86 miles
-
Cumberland Plateau Recovery
1.90 miles
-
Tennessee Tech Police
2.21 miles
-
Walgreens
2.35 miles
Frequently Asked Questions
What is the lease rate for FedEx Ship Center?
Rental asking rate at FedEx Ship Center is $1,475,000.00/YR.
What is the total square footage of FedEx Ship Center?
FedEx Ship Center totals 24,499 square feet.
When was this property built?
FedEx Ship Center was built in 1973.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Contact Listing Broker
