FedEx World Headquarters

Off-Market

3610 Hacks Cross Road, Memphis, TN 38125

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 1,100,000 SF
  • Lot Size 101.59 Acre
  • Parking Spaces Avail. 3850
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Owner Occupied
  • LEED Certified Silver
  • Building Class A
  • Year Built 2000

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Transit Score ®

    26/100 Some Transit
  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Memphis, TN
  • Neighborhood Windyke - Southwind
  • Zip Code 38125
  • Market Memphis

Points of Interest

  • BP

    0.30 miles

  • Kroger

    0.37 miles

  • Costco Gasoline

    0.39 miles

  • Murphy USA

    0.87 miles

  • Marathon

    2.52 miles

  • BP

    2.56 miles

  • Marathon

    3.05 miles

  • Kroger

    3.17 miles

  • Exxon

    3.22 miles

  • Kroger

    3.25 miles

  • Baptist Memorial Hospital for Women Garage

    6.40 miles

  • Hospital Visitors and Medical Plaza 1 & 2 Garage

    6.60 miles

  • Outpatient Testing and Medical Plaza 3 Garage

    6.63 miles

  • Employee Parking

    6.66 miles

  • Valet Lot

    6.70 miles

  • Woodland Discovery Park Parking

    6.73 miles

  • BAC Parking

    6.74 miles

  • Deloach Parking Garage

    9.68 miles

  • Homewood Suites by Hilton Southwind - Hacks Cross

    0.36 miles

  • Candlewood Suites Memphis

    0.59 miles

  • Holiday Inn & Suites Memphis Southeast - Germantown

    0.72 miles

  • Holiday Inn Express & Suites Memphis Southwind

    1.01 miles

  • Four Points by Sheraton Memphis - Southwind

    1.05 miles

  • @ Home Suites

    1.18 miles

  • Hyatt Place Memphis/Germantown

    1.94 miles

  • WoodSpring Suites Memphis Southeast

    2.04 miles

  • Residence Inn Memphis Germantown

    2.37 miles

  • Fairfield Inn & Suites Memphis Germantown

    2.40 miles

  • KFC

    0.33 miles

  • Taco Bell

    0.35 miles

  • Lenny's Grill & Subs

    0.36 miles

  • Mi Pueblo

    0.37 miles

  • DWJ Eastern Grill & Sushi Bar

    0.40 miles

  • Checkers

    0.41 miles

  • Buffalo Wild Wings

    0.42 miles

  • Wendy's

    0.44 miles

  • Happy Mexican

    0.46 miles

  • McDonald's

    0.52 miles

  • Memphis Bible Institute

    1.14 miles

  • Christ the Rock Christian Academy

    1.27 miles

  • Lowrance Elementary School

    1.28 miles

  • La Petite Academy

    1.50 miles

  • Oak Forest School

    1.53 miles

  • Germantown Church of Christ Preschool

    1.54 miles

  • Germantown Middle School

    1.64 miles

  • Germantown Elementary School

    1.66 miles

  • Faith Presbyterian Church School

    1.70 miles

  • Southwind Elementary School

    1.70 miles

  • Fireside Temple Church of God in Christ Day Care Center

    7.38 miles

  • Barbara K Lipman Early Childhood School and Research Institute

    9.67 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Memphis

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Memphis Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $18.77
  • 2021 Office Vacancy Rate 16.28%
  • 2021 Office Completions (SF) 45,000

Memphis Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $126.18
  • Y-o-Y Avg. PpSF Change 19.02%
  • 2021 Office Sales Volume $183.2M
  • 2021 Number of Transactions 16
View more Memphis market trends

Frequently Asked Questions

What is the total square footage of FedEx World Headquarters?

FedEx World Headquarters totals 1,100,000 square feet.

When was this property built?

FedEx World Headquarters was built in 2000.

What is the market value for FedEx World Headquarters?

The market value* for FedEx World Headquarters in 2022 was $240,648,300.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Market Value* $240,648,300
  • Assessed Value $240,648,300

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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