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Fedex Ground Operations Center

  • 2000 N. San Fernando Rd.
  • Los Angeles, CA 90065
  • Sub Type - Industrial (Land)
  • Transaction Type - For Sale

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Fedex Ground Operations Center

Land / Industrial (Land)

Price Not Disclosed


Property Size

346,955 SF


Description

The facility provides an ideal location from which FEDEX serves Areas of Los Angeles County that are North, Northwest and North East of Downtown Los Angeles, FEDEX must operate this mission critical facility, built to their requirements, installed with proprietary distribution equipment to serve this target market. The building features include: a rectangular shape, no internal walls, an all concrete dedicated truck court and oversized truck and auto parking area. 10 year renewal expires 11/1/2024 and contains annual 2.5% increases. Current monthly rent is $126,042.42 triple net. Located immediately north of downtown Los Angeles, and just south of Glendale, The property is centrally located providing ready access to the Tri Cities area of Burbank, Glendale and Pasadena.


Highlights

- New 10 Year Option Term Excercised

- Annual 2.5% Rent Increases Every November 1st.

- Irreplaceable Location - Long Term A-1 Credit Lease

- $1,500,545 Annual NOI (NNN)

- Mission Critical Ground Operations Sorting Facility

- 119-381 SQ/FT Well Maintained Building on $7,965 Acres M-2 Land


Details

Electricity/Power - Water - Cable - Irrigation - Telephone - Gas/Propane


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Property Location

2000 N. San Fernando Rd.
Los Angeles, CA 90065
90065


Property Representatives

License #885824
State Of California

  • Off: (323) 585-3000
  • Mobile: (213) 706-9414
  • Fax: (323) 585-3335
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