FedEx Ground Distribution Facility for Sale | Alexandria, LA ($10.47M, 6.25% Cap)

FedEx Ground Industrial Distribution Facility – Investment-Grade Asset for Sale in Alexandria, LA

Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a premier FedEx Ground industrial distribution facility located at 530 Vandenberg Drive, Alexandria, LA 71303. Constructed as a custom build-to-suit for FedEx in 2015, this 83,443-square-foot corporate-backed logistics asset sits on a sprawling 10-acre industrial parcel.

Offered at $10,472,000 ($125/SF) with an attractive 6.25% Cap Rate and an annual Net Operating Income (NOI) of $654,520, this property delivers an investment-grade, bond-like income stream backed by one of the world's premier logistics operators.

Corporate Tenant & Investment Highlights

• Investment-Grade Corporate Guaranty: 100% leased to Federal Express Corporation, a subsidiary of FedEx Corporation (NYSE: FDX; S&P Rating: "BBB"). FedEx reported over $87.9 Billion in revenue for FY2025, operating globally across 220+ countries with 500,000+ employees.

• Demonstrated Commitment & Term: FedEx recently executed its first 5-year renewal option, extending the firm lease term through May 31, 2030 (~4.5 years remaining), demonstrating long-term operational commitment to this strategic distribution hub.

• Contractual Income Growth: The lease features two additional 5-year extension options with 5% rental rate increases at the start of each option period, offering an investor built-in inflation protection.

• Low-Maintenance Double-Net (NN) Structure: Under the double-net lease, FedEx reimburses the landlord for property taxes and insurance while handling interior maintenance, HVAC/mechanical systems, and landscaping. Landlord responsibilities are limited strictly to roof and structural integrity.

Specialized Industrial Infrastructure & Building Specs

Built to meet FedEx's strict corporate operational standards, the facility contains specialized logistics infrastructure engineered for high-throughput package delivery:

• Gross Leasable Area (GLA): 83,443 SF (includes ~5,572 SF of office space)

• Lot Size: 10.00 Acres (providing low site coverage and ample staging area)

• Loading Doors: 23 Dock-High Doors & 4 Drive-In Overhead Doors

• Clear Height: 26-Foot Clear Heights

• Parking Capability: 201 designated parking stalls for fleet, associate, and trailer parking

• Year Built: 2015 (Modern concrete tilt/steel construction)

Strategic Logistics Location & Multi-Modal Connectivity

Situated along Vandenberg Drive in Alexandria, Louisiana, the facility offers immediate access to Central Louisiana’s primary freight and transportation corridors:

• Alexandria International Airport (AEX): ~7 minutes

• Interstate 49 (I-49): ~11 minutes

• Central Louisiana Regional Port: ~15 minutes (providing direct Red River barge access)

• England Airpark Proximity: Minutes from England Airpark, a massive 3,600-acre master-planned commercial and industrial development.

• Regional Highways: Strategic connectivity via I-49 and U.S. Highway 71, positioning the site as a key regional distribution node for Central Louisiana.

Demographics & Economic Hub Overview

Alexandria functions as the central commercial, healthcare, and industrial anchor for Central Louisiana:

• 5-Mile Population: 84,000+ residents

• 5-Mile Daytime Workforce: 51,000+ employees

• Average Household Income: Exceeds $81,000 within a 5-mile radius

• Surrounding Commerce: Surrounded by established manufacturing plants, logistics hubs, Alexandria Mall, and regional retail centers.

Property Specifications Summary

• Property Name: FedEx Ground Distribution Facility

• Address: 530 Vandenberg Drive, Alexandria, LA 71303

• Offering Price: $10,472,000

• Cap Rate: 6.25%

• Net Operating Income (NOI): $654,520

• Building Size (GLA): 83,443 SF

• Price Per Square Foot: $125 / SF

• Lot Size: 10.00 Acres

• Tenant: Federal Express Corporation (S&P: BBB)

• Lease Type: Double-Net (NN)

• Lease Expiration: May 31, 2030 (Plus Two 5-Year Options w/ 5% Increases)