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FedEx Warehouse Danville, VA

Leased to current tenant FedEx in 1999 with a NNN Lease. They generally have been writing 5-year leases with renewals. The tenant pays Maintenance, Insurance, and Real Estate Taxes. 19,200 SF Warehouse, fully Insulated and Heated with a Sprinkler System. Ceiling Height varies 14' to 20' with 2 Loading Docks (16'X12' & 10'X8') and 2 Bay Doors (12'X12' & 11'X14'). Includes Office, Breakroom, and Restrooms. Complete New Septic Tank and System installed in 2023. The current lease Was written in 2016-2021 for 5 years with a 5-year renewal from July 1, 2021 to June 30, 2026 with a renewal for another 5 years ending in 2031. Current rent is $55,440/Year $4,620/Month. The lease is NNN with the tenant paying RE Taxes, Insurance, and Maintenance.

Sale Price : $ 895,000
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