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Distribution Center Leased to FedEx
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5515 N Industrial Way, Pasco, WA 99301

Single-tenant distribution center 100% leased to FedEx Express with a lease term through October 31, 2031.

Property Size103,700 SF
Price / SF$127.29
Days on Market94

Property Features for 5515 N Industrial Way

General Information

Standard status Active
Size 103,700 SF
Property subtype INDUSTRIAL
Occupancy 100%
Listing Agency: Goodale & Barbieri Company
Listed By: Cory Barbieri · License #B92954
Source: Moodyscre
Added: Jun 12 Changed: Sep 2 Last Checked: Sep 13 at 10:52AM

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 Goodale & Barbieri Company

Investment Insights

Based on property information with market context.

This distribution center is 100% leased to FedEx Express Corporation (NYSE: FDX). The facility is designed to support FedEx’s transportation and logistics operations, with a lease extending through October 31, 2031.

The property is located at 5515 N Industrial Way in Pasco, Washington (99301). With 103,700 square feet, the site provides a dedicated, mission-critical distribution footprint within the Pasco market.

For buyers and tenants seeking a single-tenant distribution asset, the combination of long-term lease coverage and established corporate occupancy supports straightforward underwriting based on the remaining lease term.

Key Highlights

  • 103,700 square feet distribution center at 5515 N Industrial Way, Pasco, WA 99301
  • 100% leased to FedEx Express Corporation (NYSE: FDX)
  • Single‑tenant FedEx distribution facility

Property Analytics

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Current Use

Ashley Furniture HomeStore Home Decor Store FedEx Ground Shipping Company

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Auto Parts Store Grocery & Convenience Store Building Supply Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 99301, WA

85,272
Population
27,700
Households
3.1
Avg Household Size
31
Median Age
21%
College-Educated
77%
High-School Grad
486.3 sq mi
ZIP Area
175
Density / Sq Mi
$82,517
Median Household Income
$41,409
Median Earnings
$1,195
Median Rent
$353,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Single-tenant distribution center 100% leased to FedEx Express with a lease term through October 31, 2031.
Where is this distribution center located?
The property is located at 5515 N Industrial Way Pasco, WA.
What is the asking price?
The asking price for this property is $13,200,000.
What are key features of this property?
This property features: 103,700 square feet distribution center at 5515 N Industrial Way, Pasco, WA 99301; 100% leased to FedEx Express Corporation (NYSE: FDX); Single‑tenant FedEx distribution facility
(509) 999-9324 Call to check price and availability
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