FedEx Ground Distribution Facility, Windsor, CA 95492

[Hurtlocker]

FedEx Ground
500 Caletti Ave
Windsor, CA 95492

For Sale $13,100,000
Status New

Christopher Sheldon 415-781-8100
Andy Bogardus 415-677-0421
Doug Longyear 4156770458

<em>No Description</em><br/>Photo 1 of 1
No Description
Photo 1 of 1

Property Overview
Land SF/$ Per 300,564 / $43.58
Acres/$ Per 6.90 / $1,898,550.72
Property Use Any
Zoning -
Parcel Number -
T, R, S -, -, -
Land Size 300,564 sf
Bld SF/$ Per 64,689 / $202.51
# of Buildings -
# of Stories -
Cap Rate 8.00%
Vacancy -
Property Description

Completed in September 2008, an approximately 64,689 square foot distribution facility for FedEx Ground consisting of 4,345 square feet of office space and 60,344 square feet of distribution warehouse space. Leased to FEDEX GROUND PACKAGING SYSTEMS, INC., for ten years from September 16, 2008, to September 15, 2018, at an annual rent of $1,047,962. There are two five-year options to renew at rental increases. The lease is net with tenant responsible for taxes, insurance and maintenance except for roof (20 year warranty), structure and underground utilities which are the landlord’s responsibility. FedEx Ground has a right to expand the building by up to 13,260 square feet at any time during the lease term. If FedEx exercises the option, the rent for the existing building and expansion area will be negotiated by landlord and tenant.

Link to the complete listing:

http://pld.propertyline.com/listing/..._report/417703