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Leasehold FedEx - Availability Details

2451 Access Way, Imperial, CA 92251

  • For Sale $2,450,000
  • City Imperial
  • Neighborhood Imperial
  • Zip Code 92251
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 20,211 Sqft
  • Lot Size 2.05 Acre
  • Property Tenancy Single Tenant
  • Year Built 1999
  • Date Updated 17 Jun, 2021
The Imperial Valley lies in the California counties of Imperial and Riverside, in southeastern Southern California with an urban area centered on the city of El Centro. The Valley is bordered by the Colorado River to the east and, in part, the Salton Sea to the west. Farther west lies the San Diego and Imperial County border. To the north is the Coachella Valley region of Riverside County, which together with Imperial Valley form the Salton Trough, or the Cahuilla Basin, also the county line of Imperial and Riverside counties, and to the south the international boundary with the U.S. state of California and Baja California. Imperial Valley is now the home of the El Centro metropolitan area and also an economic center of California's government defined "South Border". Imperial County's economy consists predominantly of government, agriculture, and retail trade that represents approximately 70% of total county employment. Government services account for over one-third of total employment. Agriculture accounts for one-fourth of jobs with major crops of alfalfa, lettuce, sugar beets and carrots. Retail growth has been experienced due to increased population in the Imperial and Mexicali Valleys. In 2005, the Imperial Valley Mall opened, attracting shoppers from the Valley area, including residents and tourists across the border from Mexicali, greatly contributing to the county's retail sales. Tourism is considered the secondary industry of the Imperial Valley. Many visitors come to the area to visit the Salton Sea (California's largest inland lake, which serves as a dumpout point for the overflow and drainage from the IID canal system and ditch drainage) and the Algodones Dunes. The New River and the Alamo River flow from the border city of Mexicali northward to the Salton Sea.
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Location

  • City Imperial, CA
  • Neighborhood Imperial
  • Zip Code 92251

Contacts

broker

Marcel Pearl

Encore Real Estate Investment Services

(248) 702-0942

Highlights

  • FedEx Ship Center | Build-to-Suit for FedEx in 1999
  • Strong Commitment to Site with Over 21 Years at this Location
  • 9 Years Remaining in Term | Two, 5-Year Options Available
  • Next Rental Increase in April 2025
  • Corporate Guaranty from FedEx | Standard & Poor’s BBB Rated | NYSE: FDX
  • Strategically Located on Imperial County Airport Premise | 370-Acre Airport | Located 1 Mile South of the Central Business District of Imperial, California
  • Located in Imperial Valley | Economic Center of California Known For Strong Government, Agricultural and Retail Trade

Frequently Asked Questions

What year was Leasehold FedEx built and finished?

Leasehold FedEx was completed in 1999.

Contact Listing Broker

broker

Marcel Pearl

Encore Real Estate Investment Services

(248) 702-0942

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