4400 Industry Dr Sierra Vista, AZ 85635-2239
This exceptional investment opportunity presents a fee-simple interest in a 26,795-square-foot FedEx Ground distribution warehouse in Sierra Vista, Arizona. Built in 2015, this property boasts a 6.00% cap rate and a strong net operating income (NOI) of $317,446. The property sits on a 5.9-acre lot and features 15 dock-high doors and a 24.5-foot ceiling height. FedEx operates under a triple-net (NNN) lease with minimal landlord responsibilities (roof and structure only), providing passive income generation. The current lease, with a remaining term of 5.8 years, includes a five-year renewal option with a 5% rent increase. The strategic location, less than 1,000 feet from US Highway 90, provides excellent access to Interstate 10, connecting to major markets like Tucson, Phoenix, and El Paso. The property's proximity to Fort Huachuca further enhances its value. The Sierra Vista submarket demonstrates strong performance with a low vacancy rate and consistent rent growth. This investment is backed by FedEx's investment-grade credit rating and their commitment to the property, evidenced by a recent lease extension. The property's design as a distribution warehouse makes it resilient to shifts in the retail landscape. The asking price is $5,290,767.
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FedEx Drop Box Postal Service Courier Service
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FedEx Ground Trucking Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.