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Phillip Butts

Property Details

Property Type Industrial - Warehouse/Distribution
Lot Size 16.8 SF
Date Updated May 17, 2026

Colliers is pleased to present the FedEx Ground Industrial Facility, a mission‑critical, build‑to‑suit distribution center located at 3341 N. Coley Road, Belden (Tupelo), Mississippi. The asset is 100% net‑leased to FedEx Ground Package System, Inc., backed by the investment‑grade corporate credit of Federal Express Corporation (S&P: BBB), ensuring long‑term stability and secure income for investors.

Constructed in 2013 and expanded in 2016, with a parking lot expansion completed in 2024, the facility totals ±101,570 SF on ±16.83 acres, offering modern distribution capabilities with 26 dock doors, 12 drive‑in doors, 194 auto parking spaces, and 81 truck & trailer stalls—all within a fully gated site.

The current lease runs through September 30, 2031, with two (2) additional five‑year renewal options, and a scheduled rent step increase in 2026. FedEx’s long‑term occupancy history and continued capital investment underscore the site’s importance within the company’s national distribution network.

Strategically located within the Tupelo MSA, the property sits along the I‑22 freight corridor, connecting Memphis, Birmingham, and the broader Southeast. The region benefits from low industrial vacancy, strong manufacturing and logistics employment, and proximity to major regional hubs including Toyota Mississippi, Cooper Tire, Ashley Furniture, and North Mississippi Medical Center. These factors collectively support sustained industrial demand and long‑term operational viability for FedEx Ground.

This offering represents a rare opportunity to acquire a mission‑critical, investment‑grade industrial asset with strong underlying fundamentals, long‑term tenancy, and excellent regional logistics connectivity.

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