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FedEX Long Term Rental & Builiding Pittsfield 1 Federico Dr
15,000 SF Flex Building Pittsfield, MA 01201 $2,051,503 CAD ($137 CAD/SF) 7.06% Cap Rate
Investment Highlights
- Long Term Leases in Place with Federal Express Mail Distribution Center since 1987. Class A Business Park. Central Berkshire Location
- Eave Height will accomodate Two Interior Stories for Expansion
- Heavy Truck Hauling, Mail Distribution, Customer Service Center - Warehouse Space - Close to Routes 7-8-9-20
- Consumer Depot and Commercial Sorting Center serving Western Massachusetts
Executive Summary
Financial Summary (Actual - 2021) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2021) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Bus Line
- Front Loading
- Signage
- Energy Performance Rating - A
- Reception
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Transportation and Warehousing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
The FedEx strategy to compete collectively, operate collaboratively and innovate digitally provides a competitive advantage for their company. FedEx's broad portfolio of services allows them to meet the needs of their customers, most of whom use services from several of their operating companies. FedEx has grown tremendously since its first night of operations. FedEx Express, FedEx Ground, FedEx Freight and FedEx Services show segment revenue. Other and eliminations includes revenue from FedEx Logistics, FedEx Office and FedEx Dataworks (including ShopRunner, Inc.). For decades, FedEx has been innovating to deliver more for their clients, strengthening supply chains with their global network. They are simplifying logistics, enhancing tracking and visibility, and using data from every journey to make the experience of their clients better.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Transportation and Warehousing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | PITT-000011M-000007-000101 | Improvements Assessment | $911,360 CAD (2024) |
| Land Assessment | $173,911 CAD (2024) | Total Assessment | $1,085,270 CAD (2024) |
PROPERTY TAXES
zoning
| Zoning Code | LDI (Light Industrial Distribution Warehouse - FedEX Long Term Tenant from 1987-2027. Invest NOW! Central Berkshire Location close to Routes 7-8-9-20.) |
| LDI (Light Industrial Distribution Warehouse - FedEX Long Term Tenant from 1987-2027. Invest NOW! Central Berkshire Location close to Routes 7-8-9-20.) |
Presented by
Federico Realty Corp
FedEX Long Term Rental & Builiding Pittsfield | 1 Federico Dr
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