FedEx Ground Distribution
For Sale
Contact for pricing
10800 S Reitz Ave, Baton Rouge, LA 70801
Two single-tenant logistics facilities feature build-to-suit improvements and double-net lease structures.
Property SizeContact for details
Days on Market144
Property Features for 10800 S Reitz Ave
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
JLL
(312) 782-5800
Listed By:
Sean Devaney · License #IL 475163103
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL
Investment Insights
Based on property information with market context.
This fee-simple portfolio includes two single-tenant distribution and package sortation facilities occupied by FedEx Ground Package System, Inc. The properties are located in Newton (Hickory), North Carolina, and Baton Rouge, Louisiana, with 141,432 square feet on 14.22 acres and 175,374 square feet on 17.66 acres, respectively. Both facilities were developed as build-to-suits and include specialized interior conveyor systems installed for package handling operations.
The assets serve as primary sortation and distribution centers within their respective territories. Each property was constructed or renovated within the last four years and has been maintained by current ownership. Double-net lease structures limit landlord expense obligations, while contractual renewal options provide the potential to extend the portfolio’s 7.1-year weighted average remaining lease term to 17.1 years. The properties may be acquired together or individually at the seller’s discretion.
The assets serve as primary sortation and distribution centers within their respective territories. Each property was constructed or renovated within the last four years and has been maintained by current ownership. Double-net lease structures limit landlord expense obligations, while contractual renewal options provide the potential to extend the portfolio’s 7.1-year weighted average remaining lease term to 17.1 years. The properties may be acquired together or individually at the seller’s discretion.
Key Highlights
- Two FedEx Ground distribution and package sortation facilities in Newton (Hickory), North Carolina, and Baton Rouge, Louisiana
- 141,432 square feet on 14.22 acres in Newton (Hickory), North Carolina
- 175,374 square feet on 17.66 acres in Baton Rouge, Louisiana
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
Explore this area
Business Placement
Demographics for 70801, LA
340
Population
240
Households
1.4
Avg Household Size
40
Median Age
70%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
3,400
Density / Sq Mi
$112,787
Median Household Income
$103,750
Median Earnings
$1,679
Median Rent
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Two single-tenant logistics facilities feature build-to-suit improvements and double-net lease structures.
Where is this distribution center located?
The property is located at 10800 S Reitz Ave Baton Rouge, LA.
What are key features of this property?
This property features: Two FedEx Ground distribution and package sortation facilities in Newton (Hickory), North Carolina, and Baton Rouge, Louisiana; 141,432 square feet on 14.22 acres in Newton (Hickory), North Carolina; 175,374 square feet on 17.66 acres in Baton Rouge, Louisiana
