FedEx Ground Distribution
204 S Granby St Hertford, NC 27944
204 S Granby St, Hertford, NC, 27944
Contact for pricing
For Sale
Contact for pricing
Pending
Build-to-suit FedEx Ground distribution center on a 9.25-acre parcel with a lease expiring September 30, 2025.
Property Size47,854 SF
Lot Size9.25 Acres
Days on Market103
Property Features for 204 S Granby St
General Information
- Standard status
- Pending
- Size
- 47,854 SF
- Lot size
- 9.25 Acres
- Property subtype
- Industrial
Listing agency
Marcus & Millichap - Detroit
(248) 415-2612
Listed by
David Weinberg · License #MI 6501339495
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 2:19PM Checked: Jul 21 at 2:19PM
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 Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
This build-to-suit FedEx Ground distribution center totals 47,854 square feet on a 9.25-acre parcel. The facility includes a semi-automated sort system, and FedEx Ground manages the property on a day-to-day basis, keeping landlord involvement minimal.
The property is located just off Route 17, the primary connecting road to Elizabeth City and toward Norfolk. The lease commenced December 28, 2009 and is currently set to expire September 30, 2025. Renewal provisions include two five-year options, with increases of 10% for the first option and 5% for the second.
Under the lease, all annual operating costs are the tenant’s responsibility, while the landlord is responsible for maintaining underground utilities, mechanical and utility systems, the roof, and matters related to the property’s structural integrity.
The property is located just off Route 17, the primary connecting road to Elizabeth City and toward Norfolk. The lease commenced December 28, 2009 and is currently set to expire September 30, 2025. Renewal provisions include two five-year options, with increases of 10% for the first option and 5% for the second.
Under the lease, all annual operating costs are the tenant’s responsibility, while the landlord is responsible for maintaining underground utilities, mechanical and utility systems, the roof, and matters related to the property’s structural integrity.
Key Highlights
- Build‑to‑suit FedEx Ground distribution center totaling 47,854 SF on a 9.25‑acre parcel
- Lease commenced Dec 28, 2009; current term expires Sep 30, 2025, with renewal options
- Two 5‑year renewal options: 10% increase for first option and 5% increase for second option
Property Analytics
Location Intelligence
Current Use by Public Records
FedEx Ground
Trucking Company
FedEx Drop Box
Postal Service
Similar For Sale Nearby
FAQs
What type of property is this?
Distribution center - Build-to-suit FedEx Ground distribution center on a 9.25-acre parcel with a lease expiring September 30, 2025.
Where is this distribution center located?
The property is located at 204 S Granby St Hertford, NC.
What are key features of this property?
This property features: Build‑to‑suit FedEx Ground distribution center totaling 47,854 SF on a 9.25‑acre parcel; Lease commenced Dec 28, 2009; current term expires Sep 30, 2025, with renewal options; Two 5‑year renewal options: 10% increase for first option and 5% increase for second option
