555 Federal Way
Central Point, OR 97502

Marcus & Millichap has been retained by ownership, to offer exclusively to the investment market this newly expanded 91,711 SF, build-to-suit FedEx Ground distribution center in Central Point, Oregon, an adjacent northwestern suburb of Medford. Located in an ideal distribution site just east of the Pacific Highway, Interstate 5, this is a premier opportunity for an investor to acquire a strategically located distribution property leased to FedEx Ground. The site is just west of the Rogue Valley International Medford Airport and has quick access to the freeway. Medford is a large and growing market with an MSA population of just over 212,000 people. FedEx Ground Package Inc., the tenant is a wholly owned subsidiary of FedEx Corporation (NYSE: FDX), Standard & Poor' s rated BBB, investment grade, making these new single tenant properties an excellent minimum management, low-risk real estate opportunity. FedEx Ground is the fastest growing division of the FedEx Corporation gaining package delivery market share systematically year after year. Originally developed in 2009 and expanded in 2015 by 32,614 SF, FedEx Ground signed 10-year NN lease expiring on October 14, 2025. This build-to-suit for FedEx Ground is part of their expanding distribution network being developed across the U.S., just north of California, Medford is Oregon' s 4th largest city. FedEx chose this site for its strategic location to greater the Medford MSA and it' s close proximity to the I-5 freeway. Medford is located in southern Oregon, roughly 27 miles north of the California border and is the fourth largest metro area in Oregon. The Pacific Ocean is about 75 miles (121 km) west of the city, and is the nearest coast. Nearby cities include Grants Pass, Klamath Falls, Ashland, Roseburg, Redding (California), and Crescent City (California). The major interstate highway is I-5, which runs northwest-southeast through the center of the city. The nearest junctions with other interstate highways are with I-84 in Portland (273 mi or 439 km) and I-80 in Sacramento (309 mi or 497 km). Medford also serves as a junction for Oregon Routes 99, 238, 62 and nearby 140.