FedEx

Tenant Description

FedEx is the world leader in package shipment. Its unparalleled tracking systems allow customers around the world to see every detail of a package’s movement from the moment the label is prepared until it is delivered to its final destination – anywhere in the world. They deliver 50% of their packages in two days or less and 80% of their packages in three days or less. Their average daily package volume is greater than 13 million.

What To Look For When Buying A FedEx

NN+ Leases, Real estate is designed for their specific use, which could impact the releasing to other tenants

What We Like About FedEx

Corporate Guarantee, Strong real estate fundamentals, Proven business model

Competition

USPS

What Is Sold In A FedEx

Shipping Services

FedEx Website

https://www.fedex.com/en-us/home.html

Corporate Office Location

942 South Shady Grove Road – Memphis, Tennessee 38120

Fast Facts

In 2016, FedEx generated $50.37 billion in revenue.

FedEx is the world’s largest express transportation company providing a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively under the FedEx brand.

Stock Price
Tenant News
Average Cap Rate Trend
7.25%
2019
7.00%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$11,000,000
Avg. Annual Rent$825,000
Avg. Price/SF$125/SF
Typical Lease TypeDouble Net
Typical Lease Term15 Years
Typical Lease EscalationsNone
Credit Rating
S & PBBB
Moody'sBaa2

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