Listing Summary
Investment-grade 83,443 SF FedEx Ground distribution facility on 10 acres in Alexandria, LA. $654.5K NOI, 6.25% Cap Rate, extended through 2030. Contact Lee & Associates
Full Description
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
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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.
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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.
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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.
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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:
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Gross Leasable Area (GLA): 83,443 SF (includes ~5,572 SF of office space)
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Lot Size: 10.00 Acres (providing low site coverage and ample staging area)
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Loading Doors: 23 Dock-High Doors & 4 Drive-In Overhead Doors
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Clear Height: 26-Foot Clear Heights
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Parking Capability: 201 designated parking stalls for fleet, associate, and trailer parking
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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:
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Alexandria International Airport (AEX): ~7 minutes
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Interstate 49 (I-49): ~11 minutes
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Central Louisiana Regional Port: ~15 minutes (providing direct Red River barge access)
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England Airpark Proximity: Minutes from England Airpark, a massive 3,600-acre master-planned commercial and industrial development.
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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:
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5-Mile Population: 84,000+ residents
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5-Mile Daytime Workforce: 51,000+ employees
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Average Household Income: Exceeds $81,000 within a 5-mile radius
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Surrounding Commerce: Surrounded by established manufacturing plants, logistics hubs, Alexandria Mall, and regional retail centers.
Property Specifications Summary
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Property Name: FedEx Ground Distribution Facility
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Address: 530 Vandenberg Drive, Alexandria, LA 71303
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Offering Price: $10,472,000
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Cap Rate: 6.25%
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Net Operating Income (NOI): $654,520
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Building Size (GLA): 83,443 SF
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Price Per Square Foot: $125 / SF
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Lot Size: 10.00 Acres
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Tenant: Federal Express Corporation (S&P: BBB)
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Lease Type: Double-Net (NN)
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Lease Expiration: May 31, 2030 (Plus Two 5-Year Options w/ 5% Increases)
Quick Glance
- Listing ID:
CL-Louisiana-28794
- Status:
Active
- Year Build:
2015
- Building Size:
83,443 SqFt
- Lot Size:
10.00 Acr
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Additional Contacts
Associate - CalDRE: 02049653
Drew Olson - dolson@lee-associates.com
(760) 448-1372
Senior Associate - License #: SAL.20250077505
Tommy Freiburger - tfreiburger@lee-associates
(614) 404-8901