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September 3, 2017 by Cheri Ballantyne in News


 

 

 

FedEx LAX Air Freight Facility, Inglewood, CA

SOLD

143,436 SF | 15 Year Lease | 100% Leased to FedEx Express



INVESTMENT SUMMARY 

  • Address: 687 N. Eucalyptus Avenue, Inglewood, CA 90302
  • Tenant: FedEx Express
  • Total Square Footage: 143,436 SF
  • Lease Commencement: September 2017
  • Term: 15 years
  • Year Built: 2017
  • Loading Doors: 23 dock high doors, 23 parking stalls for FedEx Express (can convert to 23 DH and 02 GL)
  • Parcel Size / Land Area: 79 Acres
  • Clear Height: 32’
  • Sprinklers: ESFR sprinkler system
  • Power: 2,000 amp underground pull section; 1,600 amp service
  • Office Size: 9,330 SF

INVESTMENT HIGHLIGHTS
The Property is 100% leased to Federal Express Corporation for 15 years.  FedEx Express offers a broad portfolio of transportation, e-commerce and business services under the FedEx brand. Its FedEx Express unit is the world’s #1 express transportation provider, delivering about 3.5 Million packages daily to more than 220 countries and territories.

Cushman & Wakefield of California, Inc., is pleased to offer for sale 687 N. Eucalyptus Avenue (“the Property”), a 143,436 square foot, mission critical facility located within the LAX submarket of Los Angeles. Situated on 6.79 acres of prime infill land, the Property is 100% occupied by FedEx Express. This offering is a highly attractive opportunity to acquire a fully leased, institutional grade, last mile building within the LAX industrial submarket, the most desirable industrial markets in the nation.


Brand New, State of the Art, Last Mile

Mission Critical E-Commerce & LAX Air Freight Facility



PRINTABLE BROCHURE

 

Best Industrial Submarket In The Nation

The Property offers an exceptional location in Southern California, minutes to LAX, with easy access to the 405 freeway and in close proximity to the Ports of Los Angeles & Long Beach. LAX ranks 14th in the world and fifth in the U.S. in air cargo tonnage processed, with more than 2.2 million tons of air cargo valued at over $101.4 billion. The Property is also in close proximity to high profile neighbors including Amazon, Northrop Grumman, SpaceX and DHL Express.

+2.2MM tons of air cargo valued at over $101.4B

LAX ranks 14th in the world and fifth in the U.S. in air cargo tonnage processed


For More Information, Please Contact:

Mike Condon, Jr.
Executive Managing Director
(213) 629 7379
mike.condon@cushwake.com
License #01884476

Jeff Chiate
Executive Managing Director
(949) 930 9234
jeff.chiate@cushwake.com
License # 01040222

Jeffrey Cole
Executive Managing Director
(949) 955 7652
jeff.cole@cushwake.com
License #00833681

Ed Hernandez
Director
(949) 930 4380
ed.hernandez@cushwake.com
License #01048813

MIke Adey
Senior Associate
(949) 930 4376
mike.adey@cushwake.com
License #01921139

Kelli Snyder
Senior Associate
(213) 629 6514
kelli.snyder@cushwake.com
License #02004355

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