FedEx Ship Center | NN Corporate Lease | S&P Rated "BBB" Investment Grade

We are pleased to present to qualified investors an opportunity to purchase a single-tenant NN opportunity (fee simple – land and building) in Anderson, SC offered at an attractively low price-point and price per square foot. This net-leased property features a corporate lease to FedEx (S&P rated BBB – Investment Grade) with below market rents. The tenant has successfully operated and continually renewed their lease at this location for decades since their opening in 1993. They have approximately 5 years remaining on their lease while only paying $4.25 PSF in annual rent. This triple-net lease is guaranteed by Federal Express Corporation (NYSE: FDX) – a major publicly traded company (S&P 100 and 500 component) with over $90 billion in Revenue and over $66 billion in Market Cap. Originally founded in 1971 and based in Memphis, TN, has risen to become the 5th largest US-headquartered employer globally with over 547,000 employees and 2,200 locations.

This 11,520 SF property located on 1.12 acres is well located at the near the intersection of Liberty Hwy/US Route 178 (31,098 cars per day) and Hwy 28 (30,220 cars per day) in the Northlake area of Anderson only 30 minutes outside of Greenville. This strategic location is on one of Anderson County’s main retail corridors adjacent to national retailers including Publix, Sam’s Club, Walmart Supercenter, Sportsman’s Warehouse, Target, Tractor Supply, PetSmart, Lowe’s, Michaels, Kohl’s, Dick’s, HomeGoods, Chick-fil-A, Starbucks, Best Buy, and Burlington. This is also a densely populated area with a population of 121,695 in a 10-mile radius. Anderson is the county seat and home to Anderson University as well as 12 miles from Clemson University. Anderson is one of the three primary cities that make up the Upstate region and Greenville-Anderson-Greer MSA, and is nicknamed the “Electric City” and the “Friendliest City in South Carolina.” This is a rare opportunity to own a corporately guaranteed NN property leased to a major, credit tenant with upside potential through a lease extension or repositioning strategy.

Available