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Fedex Express 609 Commerce Rd 13,375 SF Industrial Building Richmond, IN 47374 $1,882,008 CAD ($140.71 CAD/SF) 6% Cap Rate
Investment Highlights
- Combination of high ceilings and substantial office space creates a versatile layout for a variety of industrial and commercial applications
- Conveniently located just off the I-70/US-40 interchange, with excellent access to major north-south transportation corridors, including I-65 and I-75
- Ideal for transportation, warehousing, distribution, logistics, or manufacturing
Executive Summary
Investment Highlights:
• Corporate FedEx tenancy with nearly 2 years remaining on the existing lease
• FedEx Corporation is a global leader in express transportation and logistics
• FedEx Corporation has a market capitalization of approximately $70 billion and an S&P BBB credit rating
• ±13,375 SF building situated on a generous ± 2.44-acre site
• Combination of high ceilings and substantial office space creates a versatile layout for a variety of industrial and commercial applications
• Ideal for transportation, warehousing, distribution, logistics, or manufacturing
Strategic Location:
The property is conveniently located just off the I-70/US-40 interchange, with excellent access to major north-south transportation corridors, including I-65 and I-75. The surrounding trade area features numerous national retailers and commercial users, including Walmart, Kroger, Dick's Sporting Goods, Best Buy, and others.
Richmond's central location provides convenient access to major Midwest markets, including Indianapolis, Cincinnati, Columbus, and Fort Wayne, making the property well positioned for regional distribution and logistics operations.
Richmond is also home to four higher-education institutions: Earlham College, Indiana University East, Ivy Tech Community College of Indiana, and Purdue Polytechnic Institute – Richmond.
For additional information, please contact Alan Stamper at 765-994-8822.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
This ±13,375 SF industrial facility has been home to FedEx since 1987, serving Richmond and the surrounding markets. The property is strategically positioned for transportation, distribution, warehousing, and light manufacturing uses. Investment Highlights: • Corporate FedEx tenancy with nearly 2 years remaining on the existing lease • FedEx Corporation is a global leader in express transportation and logistics • FedEx Corporation has a market capitalization of approximately $70 billion and an S&P BBB credit rating • ±13,375 SF building situated on a generous ± 2.44-acre site • Ideal for transportation, warehousing, distribution, logistics, or manufacturing Strategic Location: The property is conveniently located just off the I-70/US-40 interchange, with excellent access to major north-south transportation corridors, including I-65 and I-75. The surrounding trade area features numerous national retailers and commercial users, including Walmart, Kroger, Dick's Sporting Goods, Best Buy, and others. Richmond's central location provides convenient access to major Midwest markets, including Indianapolis, Cincinnati, Columbus, and Fort Wayne, making the property well positioned for regional distribution and logistics operations. Richmond is also home to four higher-education institutions: Earlham College, Indiana University East, Ivy Tech Community College of Indiana, and Purdue Polytechnic Institute – Richmond. For additional information, please contact Alan Stamper at 765-994-8822.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 13,375 SF | Industrial | - | Now |
1st Floor
| Size |
| 13,375 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 13,375 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
This ±13,375 SF industrial facility has been home to FedEx since 1987, serving Richmond and the surrounding markets. The property is strategically positioned for transportation, distribution, warehousing, and light manufacturing uses. Investment Highlights: • Corporate FedEx tenancy with nearly 2 years remaining on the existing lease • FedEx Corporation is a global leader in express transportation and logistics • FedEx Corporation has a market capitalization of approximately $70 billion and an S&P BBB credit rating • ±13,375 SF building situated on a generous ± 2.44-acre site • Ideal for transportation, warehousing, distribution, logistics, or manufacturing Strategic Location: The property is conveniently located just off the I-70/US-40 interchange, with excellent access to major north-south transportation corridors, including I-65 and I-75. The surrounding trade area features numerous national retailers and commercial users, including Walmart, Kroger, Dick's Sporting Goods, Best Buy, and others. Richmond's central location provides convenient access to major Midwest markets, including Indianapolis, Cincinnati, Columbus, and Fort Wayne, making the property well positioned for regional distribution and logistics operations. Richmond is also home to four higher-education institutions: Earlham College, Indiana University East, Ivy Tech Community College of Indiana, and Purdue Polytechnic Institute – Richmond. For additional information, please contact Alan Stamper at 765-994-8822.
Property Taxes
| Parcel Number | 89-16-36-100-128.002-030 | Improvements Assessment | $267,237 CAD |
| Land Assessment | $339,271 CAD | Total Assessment | $606,508 CAD |
Property Taxes
Presented by
Fedex Express | 609 Commerce Rd
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