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Executive Summary

The Property is 100% leased to FedEx Express Corporation (NYSE: FDX), one of the world's leading transportation and logistics companies. FedEx operates an extensive global network serving more than 220 countries and territories and is widely recognized as a critical component of the global supply chain. FedEx Corporation generates approximately $88–92 billion in annual revenue and maintains a substantial market presence supported by its extensive transportation infrastructure and long-standing operating history. The lease extends through October 31, 2031, providing investors with durable cash flow backed by an established investment-grade corporate tenant and a mission-critical facility location within the Pasco, WA market.

Property Facts

Price $18,609,888 CAD
Price Per SF $179.46 CAD
Sale Type Investment
Cap Rate 5.70%
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 16.00 AC
Rentable Building Area 103,700 SF
No. Stories 1
Year Built 2000
Tenancy Single
Clear Ceiling Height 25’
No. Dock-High Doors/Loading 19
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning I-2
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
113-130-551
Land Assessment
$1,797,307 CAD
Improvements Assessment
$15,069,768 CAD
Total Assessment
$16,867,075 CAD
  • Listing ID: 40906100

  • Date on Market: 2026-06-12

  • Last Updated:

  • Address: 5515 Industrial Way, Pasco, WA 99301

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