FedEx Ground
Aztec
,
NM
New Mexico
Farmington
Call for Details
$
6,254,000
.svg)
Call for Details
6.75
%
CAP Rate
Recent Early Renewal
FedEx has Operated at this Location Since 2008 and has Exercised Expansion Option Including 10,279 SF
Excellent Access from US-550
Strategic NW New Mexico Location with Transportation Infrastructure
Located in Dillon Industrial Park
with other National Users including Pepsi
Property details
- Recently Extended Lease to FedEx Ground with Approximately 6 Years Remaining
- 7.13% Scheduled Rent Increase at Next Option Providing a Strong Hedge Against Inflation
- Minimal Landlord Obligations
- FedEx Renewed Early Showing their Long-Term Commitment to the Property
- Tenant has Operated at this Location Since 2008
- FedEx also Exercised their Expansion Option in the Lease
- Added an Additional 10,270 Square Feet Further Showing their Investment into the Location
- Publicly Traded Investment Grade Credit Tenant (NYSE: FDX)
- Rated BBB by Standard & Poor's
- Ranked #46 on the Fortune 500 List
- FedEx Ground is the Fastest Growing and Most Profitable Subsidiary of FedEx Corporation
- Strategic NW New Mexico Location with Transportation Infrastructure
- Located int he Dillion Industrial Park with other National Users including Pepsi
- Excellent Access from US-550
- Farmington Serves as the Commercial Hub for Most of Northwestern New Mexico and the Four Corners Region of New Mexico, Colorado, Utah and Arizona
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Benjamin Ow
Ow Commercial
CA RE Lic #01406462
Scott Reid
ParaSell, Inc.
NM RE Lic #20321