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Former FedEx Global Operations Command Center
Memphis, Tennessee - Major Price Reduction to $5.5 Million
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Investment Highlights
- Also Former Holiday Inns World Headquarters
- Great Potential Data/Call Center with Major Local Government Incentives
- Three Primary Buildings Totaling 313,843 SF with 1,100 Parking Spaces
- Centerpiece 3 Story Central Office Building with 271,730 SF
- 22,539 SF Separate Data Center Building
- 19,574 SF Separate Fitness Center Building
- $7,000,000 Renovation by FedEx in 1995
- Incredible Value-Add/Opportunity. Buy at Less Than $18/SF
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Five minutes from the world's largest cargo airport is the former headquarters of FedEx Global Command and Control Center and Holiday Inn Hotels on sale for less than $18/s.f. Known as Commerce Center, the 34 acre office campus includes almost 315,000 square feet. The property contains 272,000 square feet of office space, 22,500 square feet of data center/communications space and a nearly 20,000 square foot fitness center.
This extraordinary facility was vacated by FedEx in Year 2004 when it moved to its new world headquarters campus several miles east, and it has been maintained in excellent condition. Located at 3796 Lamar Avenue in Memphis, Tennessee the property was built in the late '60's and has undergone several renovations, the last of which by FedEx in 1995 to the tune of $7 million, which is more than today's $5.5 million asking price. The building also houses a full cafeteria with all kitchen equipment in place and furniture to seat more than 200. Please call or email for full offering memorandum.
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MalmoMemphis Real Estate, Inc.
5100 Poplar Avenue
Suite 508
Memphis, TN 38137
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Dede Malmo, CCIM
President
901-537-7447
dmalmo@malmomemphis.com
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