Single-Tenant Office
For Sale
Contact for pricing
4205 Highlander Pkwy, Richfield, OH 44286
FedEx Custom Critical occupies a specialized corporate facility under a lease extending through 2033.
Property Size70,773 SF
Lot Size6.72 Acres
Days on Market143
Property Features for 4205 Highlander Pkwy
General Information
Standard status
Active
Size
70,773 SF
Lot size
6.72 Acres
Property subtype
Office
Building Details
Buildings
1
Building Size
70,773 SF
Tenancy
Single
Owner Occupied
No
Listing Agency:
Marcus & Millichap - Cleveland
Listed By:
Ryan Moore · License #OH SAL.2008000382
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 6:18AM
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 - Cleveland
Investment Insights
Based on property information with market context.
The 70,773-square-foot office building is configured to FedEx Custom Critical specifications and occupies a 6.72-acre parcel in Northern Ohio. FedEx Custom Critical is the sole tenant, providing a purpose-built corporate facility rather than a multi-suite office layout.
A 10-year lease was completed in late 2023 and runs through year end 2033. Contractual rent increases of 2% occur annually, and two five-year extension options remain. The lease is guaranteed by FedEx Corporation, which carries a BBB investment-grade rating from Standard & Poor’s. The property is positioned between the Akron/Canton and Cleveland MSAs at 4205 Highlander Pkwy in Richfield, Ohio.
A 10-year lease was completed in late 2023 and runs through year end 2033. Contractual rent increases of 2% occur annually, and two five-year extension options remain. The lease is guaranteed by FedEx Corporation, which carries a BBB investment-grade rating from Standard & Poor’s. The property is positioned between the Akron/Canton and Cleveland MSAs at 4205 Highlander Pkwy in Richfield, Ohio.
Key Highlights
- 70,773‑square‑foot office building built out to FedEx Custom Critical specifications
- FedEx Custom Critical is the sole tenant
- 6.72‑acre parcel in Northern Ohio
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 44286, OH
6,258
Population
2,770
Households
2.3
Avg Household Size
51
Median Age
50%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
265
Density / Sq Mi
$115,227
Median Household Income
$65,121
Median Earnings
$1,082
Median Rent
$388,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - FedEx Custom Critical occupies a specialized corporate facility under a lease extending through 2033.
Where is this office building located?
The property is located at 4205 Highlander Pkwy Richfield, OH.
What are key features of this property?
This property features: 70,773‑square‑foot office building built out to FedEx Custom Critical specifications; FedEx Custom Critical is the sole tenant; 6.72‑acre parcel in Northern Ohio
