fedex ground New fedex ground hub For more info on this opportunity please contact: Representative Photo 6280 Altamont Drive, Klamath Falls, OR 97603

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1 fedex ground Representative Photo For more info on this opportunity please contact: New fedex ground hub 6280 Altamont Drive, Klamath Falls, OR ZANDY SMITH (415) CA BRE# CHRIS KOSTANECKI (415) CA BRE# CHRIS PETERS (415) CA BRE# KEVIN ADATTO (503) OR BRE# Capital Pacific collaborates. Click here to meet the rest of our San Francisco team.

2 FEDEX GROUND IS CURRENTLY UNDER CONSTRUCTION IN KLAMATH FALLS, OREGON The subject property is located in Klamath Falls, OR, which is a city 25 miles north of the California-Oregon border. It is adjacent to the Klamath Falls airport, just off of State Hwy 140. From OR-140, US Route 97, the main north-south artery in central Oregon connects northern California to central Washington. Investment Highlights RENTABLE SF ,957 SF PRICE PER SF.... $ LOT SIZE... 4 Acres LEASE TYPE NN YEAR BUILT PRICE: $2,484,437 CAP: 6.25% PROPERTY HIGHLIGHTS > 100% leased and guaranteed by FedEx Ground, an approximately $6.0 billion dollar company, the most profitable division of FedEx Corporation > Adjacent to the Klamath Falls Airport and just off of Highway 140 > Near the Oregon Air National Guard, which leases land from the Klamath Falls Airport CREDIT TENANT > FedEx Ground operates 528 facilities, including 33 hubs, in the United States and Canada > FedEx Corporation (parent company) has an S&P rating of BBB and a net worth in excess of $17.4 billion LEASE HIGHLIGHTS > Brand new corporate 10 year NN lease > Two (2) 5-year options with rental increases of 10% at commencement of 1st option and 5% at commencement of 2nd option > Landlord is responsible for roof & structure Representative Photo FEDEX 2

3 POPULATION LOCATION There are more than 51,100 people and 20,300 househoulds situated within a 10-mile radius of the new FedEx Ground location. This location benefits from its proximity to the Klamath Falls Airport, which leases 61 acres of land to the 173d Fighter Wing of the Oregon Air National Guard - Kingsley Field Air NG Base Shasta Elementary KLAMATH COUNTY FAIRGROUNDS GRANTS PASS S Mazama High School et re St 6th Ferguson Elementary 39 Sterns Elementary 140 Peterson Elementary 66 Matney Road Brixner Jr. High School Altamont Drive Washburn Way REAMES COUNTRY CLUB 9,100 DAILY 140 Southside Expressway KLAMATH FALLS AIRPORT Joe Wright Road 97 FEDEX 3

4 Representative Photos Income & Expense PRICE $2,484,437 Price Per Square Foot: $ Capitalization Rate: 6.25% Total Rentable Area (SF): 11,957 Lot Size (Acres): 4.00 STABILIZED INCOME Per Square Foot Scheduled Rent $13.09 $156,473 Effective Gross Income $13.09 $156,473 LESS Per Square Foot Taxes NN $0.00 Insurance NN $0.00 Roof and Structure ($0.10) ($1,196) Total Operating Expenses ($1,196) EQUALS NET OPERATING INCOME $155,277 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. FEDEX 4

5 Rent Roll TENANT INFO LEASE TERMS RENT SUMMARY Tenant Name Sq. Ft. Term Current Rent Monthly Rent Yearly Rent Monthly Rent/ FT Yearly Rent/ FT FedEx Ground 11,957 9/1/14 8/31/24 $156,473 $13,039 $156,473 $1.09 $ /1/24 8/31/29 Option 1 $14,343 $172,120 $1.20 $ /1/29 8/31/34 Option 2 $15,061 $180,726 $1.26 $15.11 Totals: 11,957 $156,473 $13,039 $156,473 $1.09 $13.09 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. Representative Photo FEDEX 5

6 FedEx Property under construction Representative Photos FEDEX GROUND HAS 33 GROUND HUBS AND 500+ PICKUP/DELIVERY CENTERS THROUGHOUT THE U.S. AND CANADA ABOUT FEDEX FedEx Ground Package System, Inc. was incorporated into FedEx Corp in 1984 and specializes in small-package delivery to business and residences in the United States and Canada. FedEx Ground employs over 65,000 team members. The combined 2013 revenue for FedEx Ground and FedEx SmartPost was $10.6 billion, and the average daily volume is more than 4.5 million packages. There are 33 ground hubs and over 500 pickup/delivery stations. Federal Express Corporation was founded in Little Rock, AR in 1971 and launched its first overnight delivery in The corporation operates with several subsidiaries including FedEx Express, FedEx Ground, and FedEx Freight. FedEx reaches more than 220 countries and delivers more than 10 million shipments daily via express, ground, freight, and expedited services. FORTUNE Magazine ranked FedEx No. 8 among World s Most Admired Companies and No. 1 in the delivery industry (2014). NUMBER OF EMPLOYEES 65, REVENUE $10.6 BILLION FEDEX 6

7 Photos Representative Photos FEDEX GROUND AND FEDEX SMART POST HAD A REVENUE OF $10.6 BILLION IN THE 2013 FISCAL YEAR FEDEX 7

8 Regional Map Klamath Falls Location TRAFFIC COUNTS IN EXCESS OF 9,100 VPD ON STATE HWY 140 portland eugene FEDEX klamath falls Representative Photo FEDEX 8

9 Location & Demos KLAMATH FALLS, OR OVERVIEW Klamath Falls is a city in Oregon located 25 miles north of the California border. As of 2012, Klamath Falls has a population of 21,000 people. It is a county seat of Klamath County, which has a population of 66,380. The city is on the southeast shore of the Upper Klamath Lake. Klamath Falls is the commercial center for Klamath County and contiguous areas to the east and south. It serves as the retail, employment, medical, governmental, and entertainment center for the area extending into northern California. Employment in trade, services, and government provide stability to the economy, helping offset any fluctuations in the agricultural/forestry sector. The 173d Fighter Wing of the Oregon Air National Guard occupies 61 acres of leased land on the Klamath Falls Airport, just 4 miles southeast of the city. Two higher education institutes in Klamath Falls are Klamath Community College with 1,448 enrolled students and the Klamath Falls campus of Oregon Institute of Technology. Surrounded by mountains, the city is an excellent jumping off point for a number of different recreational activities including hiking, camping, rafting, mountain biking, skiing, and horseback riding. POPULATION 2013 HOUSEHOLD INCOMES 3-Mile 5-Mile 10-Mile ,454 38,621 50, ,650 39,129 51, ,657 39,201 51,340 3-Mile 5-Mile 10-Mile Average $51,444 $50,451 $53,402 Median $43,235 $38,956 $40,601 TOP EMPLOYERS IN KLAMATH COUNTY Employer # of Employees* Sky Lakes Medical Center 1,500 State Government 1,450 Local Government 1,420 Jeld-Wen, Inc. 1,200 *Approximate FEDEX 9

10 Representative Photo A unique HUMAN RESULTS-DRIVEN client experience THE CAPITAL PACIFIC EXPERIENCE - OUR DAILY COMMITMENT TO OUR CLIENTS [ ] ZANDY SMITH zsmith@capitalpacific.com (415) CA BRE# CHRIS KOSTANECKI ck@capitalpacific.com (415) CA BRE# CHRIS PETERS cpeters@capitalpacific.com (415) CA BRE# KEVIN ADATTO kadatto@capitalpacific.com (503) OR BRE# Copyright 2014 [Capital Pacific Real Estate Brokerage Company]