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Fedex Ground Operations Center

Fedex Ground Operations Center

2000 N. San Fernando Rd.

Los Angeles, CA 90065


Sub Type - Industrial (Land)

Transaction Type - For Sale


State of the Art Sorting & Distribution Center in Los Angeles, Constructed in 1998 for Fedex Ground Operations consisting of 119,381 Sq. Ft. of Tilt-Up Building Situated on 7,965 Acres of M2 Land.


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 3% increases. Current monthly rent is $153,575.32 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 Exercised

- Annual 3% Rent Increases Every November 1st.

- Irreplaceable Location - Long Term A-1 Credit Lease

- $1,842,903.84 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

Property Gallery

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Property Location

2000 N. San Fernando Rd.

Los Angeles, CA 90065

90065

Property Contact

Mike Meraz

President

Magnum Properties

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