FedEx Express Distribution
For Sale
Contact for pricing
Pending
700 International Way, Springfield, OR 97477
Build-to-suit logistics facility with expansion capacity and a long-term renewal structure.
Property SizeContact for details
Days on Market142
Property Features for 700 International Way
General Information
Standard status
Pending
Property subtype
Industrial
Listing Agency:
Marcus & Millichap - Detroit
(248) 415-2612
Listed By:
David Weinberg · License #MI 6501339495
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 5:59PM
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 distribution center contains 67,920 square feet within a tilt-up warehouse developed in 1999 on 6.28 acres. FedEx Express occupies 63,587 square feet, leaving 4,333 square feet available for expansion within the existing building. The facility is designed for last-mile industrial operations and is currently leased to FedEx Express, with 2.5 years remaining and two 5-year options at fair market rent.
The property is located in Springfield, Oregon, near Interstate-5 and Oregon Route 569, providing access to the Eugene-Springfield market. FedEx manages the property’s daily operations, while the tenant is responsible for annual operating costs. Ownership responsibilities include underground utilities, mechanical and utility systems, HVAC costs exceeding $5000, parking lot striping and replacement, roof replacement, and structural integrity.
Two adjacent parcels are also available: Parcel A contains 12.07 acres and Parcel B contains 5.88 acres. The facility’s existing layout provides expansion capacity without requiring additional construction within the warehouse.
The property is located in Springfield, Oregon, near Interstate-5 and Oregon Route 569, providing access to the Eugene-Springfield market. FedEx manages the property’s daily operations, while the tenant is responsible for annual operating costs. Ownership responsibilities include underground utilities, mechanical and utility systems, HVAC costs exceeding $5000, parking lot striping and replacement, roof replacement, and structural integrity.
Two adjacent parcels are also available: Parcel A contains 12.07 acres and Parcel B contains 5.88 acres. The facility’s existing layout provides expansion capacity without requiring additional construction within the warehouse.
Key Highlights
- 67,920‑square‑foot tilt‑up distribution center on a 6.28‑acre parcel
- FedEx Express occupies 63,587 square feet, with 4,333 square feet available for expansion
- Lease has 2.5 years remaining plus two 5‑year options at fair market rent
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Explore this area
Business Placement
Demographics for 97477, OR
37,602
Population
16,572
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
3,032
Density / Sq Mi
$63,574
Median Household Income
$35,645
Median Earnings
$1,176
Median Rent
$345,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Build-to-suit logistics facility with expansion capacity and a long-term renewal structure.
Where is this distribution center located?
The property is located at 700 International Way Springfield, OR.
What are key features of this property?
This property features: 67,920‑square‑foot tilt‑up distribution center on a 6.28‑acre parcel; FedEx Express occupies 63,587 square feet, with 4,333 square feet available for expansion; Lease has 2.5 years remaining plus two 5‑year options at fair market rent
