FedEx Net Leased Investment Tampa MSA, Florida 4401 14th Street W, Bradenton, FL Cap Rate 6.6%

Cap Rate: 6.6%
Building Size: 2,970 sqft
Lot Area: 0.41 acres
Lease Type: Double Net
Year Last Renovated: 2003

Price: $1,800,000 USD

DESCRIPTION
Cushman & Wakefield's Retail Investment Advisors are pleased to offer for sale a 2,970 +/- square foot freestanding, retail building located at 4401 14th Street W., Bradenton (Tampa Bay MSA), FL 34207. The offering features a double net (NN) lease to Kinko's, Inc. d/b/a FedEx Office, with a current annual base rent of $118,800.

HIGHLIGHTS
• Double Net (NN) leased asset at a highly-visible location on U.S. Highway 41 (45,000 VPD)
• Prominent out-parcel to 274,398-SF Cortez Plaza, anchored by LA Fitness, Burlington and PetSmart
• FedEx Corporation (NYSE: FDX), is the world's largest commercial shipping provider, generating $69.6 billion in through fiscal year 2019
• FedEx Corporation holds investment grade ratings by both S&P (BBB) and Moody's (Baa1), with stable outlooks

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
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