REVA offers Triple Net Leased FedEx Distribution Facility In Northwest Pacific
Richmond, Va., – Real Estate Value Advisors (REVA) is pleased to announce this secure new offering for accredited investors. The asset is a distribution center built specifically for the tenant (Federal Express) and occupied under a ten year, triple net lease..
The Brookings, Oregon building is 100 percent occupied by FedEx Ground facility with a ten-year lease with two 5-year options. The newly constructed property is suitably located in the pacific northwest just 9 miles from the California border and 28 miles from Crescent City, CA. The Brookings facility compromises 8,400 square feet and is situated on the expansive highway 101, a major 4-lane road that is the main thoroughfare into the town of Brookings and the Brooking Harbor district.
FedEx corporate has invested a significant effort into finding a property that is zoned properly for a FedEx facility; choosing this location demonstrates their long-term commitment. The Company offers both business-to-business and home delivery services via a fleet of more than 35,000 owned and operated motorized vehicles.
Chris Sadler, REVA Managing Director, said, “We are delighted to offer this high quality asset with cash flow to investors expected to be 5.25%in the first year.”
REVA, with a stellar track record of performing well in good markets and bad and more than $400 million in office transactions, has structured Brookings DTS investments offering to qualify as a 1031 Exchange, 1033 Exchange, and Direct Cash Investors.
REVA serves over 400 investors while stewarding a portfolio of $750 million in assets stretching from the upper Mid-Atlantic region to the Florida coast and west to Georgia and Texas.
For more information on this offering, 1031 Eligible properties or REVA, visit www.revacompanies.com or email firstname.lastname@example.org
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon REVA’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements.