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FedEX Long Term Rental & Builiding Pittsfield 1 Federico Dr

15,000 SF Light Industrial Building Pittsfield, MA 01201 £1,134,553 (£76/SF) 7.06% Net Initial Yield

Investment Highlights

  • Long Term Leases in Place with Federal Express Mail Distribution Center since 1987. Class A Business Park. Central Berkshire Location
  • Eave Height will accomodate Two Interior Stories for Expansion
  • Heavy Truck Hauling, Mail Distribution, Customer Service Center - Warehouse Space - Close to Routes 7-8-9-20
  • Consumer Depot and Commercial Sorting Center serving Western Massachusetts

Executive Summary

FedEx Long Term Leased Property from 1987 to 2027 Long Term Anchor Tenant. Invest Today - Professional Light Industrial FEDERICO Office Park located in Central Berkshire County for ease of access to all major routes - 7-8-9-20 to supply shipping to all clients in city and surrounding areas. Own this leased building with solid long term tenant.

Financial Summary (Actual - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2021) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,134,553
Price Per SF £76
Sale Type Investment or Owner User
Net Initial Yield 7.06%
Sale Conditions Sale & Leaseback
Property Type Light Industrial
Property Subtype
Light Distribution
  • Industrial Distribution
  • Industrial Truck Terminal
  • Industrial Warehouse
Building Class C
Lot Size 1.88 AC
Rentable Building Area 15,000 SF
Number of Floors 1
Year Built 1987
Tenancy Single
Parking Ratio 2.13/1,000 SF
Clear Ceiling Height 26 ft
No. Dock-High Doors/Loading 2
Level Access Doors 7

Amenities

  • Bus Route
  • Front Loading
  • Signage
  • EPC - A
  • Reception
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Transportation and Warehousing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The FedEx strategy to compete collectively, operate collaboratively and innovate digitally provides a competitive advantage for their company. FedEx's broad portfolio of services allows them to meet the needs of their customers, most of whom use services from several of their operating companies. FedEx has grown tremendously since its first night of operations. FedEx Express, FedEx Ground, FedEx Freight and FedEx Services show segment revenue. Other and eliminations includes revenue from FedEx Logistics, FedEx Office and FedEx Dataworks (including ShopRunner, Inc.). For decades, FedEx has been innovating to deliver more for their clients, strengthening supply chains with their global network. They are simplifying logistics, enhancing tracking and visibility, and using data from every journey to make the experience of their clients better.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Transportation and Warehousing 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PITT-000011M-000007-000101
Land Assessment
£95,694 (2024)
Improvements Assessment
£501,472 (2024)
Total Assessment
£597,166 (2024)

zoning

Zoning Code LDI (Light Industrial Distribution Warehouse - FedEX Long Term Tenant from 1987-2027. Invest NOW! Central Berkshire Location close to Routes 7-8-9-20.)
LDI (Light Industrial Distribution Warehouse - FedEX Long Term Tenant from 1987-2027. Invest NOW! Central Berkshire Location close to Routes 7-8-9-20.)
  • Listing ID: 24954183

  • Date on Market: 24/01/2022

  • Last Updated:

  • Address: 1 Federico Dr, Pittsfield, MA 01201

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