The Kase Group is pleased to exclusively offer a high-performing FedEx Freight logistics facility located in Mount Pleasant, Pennsylvania, within the Pittsburgh MSA. This
mission-critical property is leased to FedEx Freight under a long-term NN structure, providing a reliable income stream with minimal landlord responsibilities.
Delivered as a build-to-suit and expanded in 2016, the 20,200 SF facility features 56 dock doors, a concrete lot with 95 parking spaces, and sits on a 9-acre site
strategically positioned near major transportation arteries. The site offers convenient access to US-119 (25,000 VPD) and I-70 (33,000 VPD), key freight corridors that
connect Pittsburgh to Harrisburg, Philadelphia, and beyond. The tenant utilizes the property as a regional hub to service both the I-70 and I-76 logistics corridors.
The lease commenced in May 2018, with a 12-year initial term and runs through May 2030. It includes scheduled 5% rental increases in each of the three (3)
five-year renewal options. The lease is backed by a strong corporate guarantee from FedEx Corporation (NYSE: FDX), a global leader in logistics and freight solutions.
Located in an All-American community with a diversified economic base, Mount Pleasant is home to a variety of industries including Coca-Cola, iron, flour, lumber, glass,
and energy. The area is also supported by several advanced manufacturing and technology firms, such as Philips Respironics, Westinghouse, Baker Hughes, and Cintas.
In Association with Scott Reid & ParaSell, Inc. | A Licensed Pennsylvania Broker #RB069068
All property owners and residents of Pennsylvania contact Scott Reid of ParaSell, Inc. for more information