This Office Property is no longer advertised on LoopNet.com.

4205 Highlander Pky
Richfield, OH 44286

FedEx Custom Critical - Single Tenant HQ · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • 10-Year Lease w/ Rare FedEx Corporation Investment Grade Guarantor (Standard & Poor’s BBB Rated)
  • Constructed 1996 as a Build-to-Suit and Customized for FedEx Custom Critical in 2024, Significant Tennant Improvement Capital over $10 Million
  • Expense Exposure is Capped with a Base Year Established, Conservative Expense Budget Used Including Large Management Fee
  • Rare 2% Annual Rental Escalations Throughout Term and Two 5-Year Option Periods
  • Tenant Has Long Operating History in Area Demonstrating Strong Commitment to the Site, Relocating to this New Rightsized Office Headquarters
  • Sourced CMBS 5-Year I/O Available

PROPERTY FACTS

Property Type
Office
Building Size
70,773 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
35,387 SF
Slab To Slab
12’
Building FAR
0.24
Lot Size
6.72 AC
Parking
200 Spaces (2.83 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

  • Listing ID: 32358086

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: 4205 Highlander Pky, Richfield, OH 44286