Property Size :
Warehouse :
66,525 SF
# 17405
Lee & Associates are delighted to offer for sale the Leasehold interest of a FedEx Express investment property located on the International Rochester Airport in Rochester, MN. Built in 1999 specifically for Federal Express, the property features a prominent 66,525-square-foot building situated on an 8.71-acre airport-owned parcel. This mission-critical FedEx facility boasts 18 loading doors, 6 dock-level doors, and ample parking. The lease is securely guaranteed by Federal Express Corporation, a global leader in express transportation with a Standard & Poor's "BBB" Bond Credit Rating. With revenues exceeding $83 billion in 2021, FedEx delivers to over 200 countries and territories, connecting over 99% of the world's GDP.
Strategically located in a burgeoning industrial area, the warehouse enjoys excellent access to major transportation routes and highways, ensuring swift and efficient logistics operations. The workforce and amenities are readily accessible, providing a favorable business environment.
The modern, single-story steel-frame structure offers high ceilings with generous natural light, ensuring a bright and productive workspace. Multiple loading docks equipped with levelers and dock seals facilitate efficient material handling, while the spacious interior with a clear-span design allows for flexible storage arrangements. The building is well-maintained and updated, boasting energy-efficient lighting and HVAC systems for optimal comfort and cost-effectiveness.
With approximately 100,000 square feet of storage area, including a mezzanine level for additional storage or office space, the warehouse provides ample capacity for inventory management. Racking and shelving are included for immediate use, ensuring a seamless transition for the new owner. Essential utilities such as three-phase electrical power, city water and sewer, fire suppression and sprinkler systems, and a security system are provided.
The secure site features fencing and gates for added security, along with ample paved parking for employee and visitor vehicles. An outdoor storage yard provides additional capacity for overflow or specialized storage needs. The property's location within a logistics center and proximity to intermodal transportation options further enhance its connectivity and operational efficiency. Additionally, the warehouse benefits from high visibility and signage potential, ensuring optimal brand exposure.
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