Industry Leading Tenant

• In December 2024, FedEx Corporation announced its intent to separate FedEx Freight from the broader FedEx enterprise, establishing FedEx Freight as a standalone publicly traded company. The separation is expected to be completed in 2026 and is designed to enhance FedEx Freight’s operational focus and efficiency as one of the dominant players in the less-than truckload (LTL) industry. Operating from more than 350 locations across North America, FedEx Freight generated an industry leading $9.4 billion in revenue in FY ’24.

Strategic FedEx Freight Hub

• This property serves as FedEx Freight’s only location in Minnesota south of the Minneapolis–St. Paul MSA and is centrally positioned between the Rochester (225,000+ residents) and Mankato (100,000+ residents) MSAs, making it a mission critical location for the company’s LTL operations in southern Minnesota. Situated less than a mile from Interstate 35 and just north of the I-35/Hwy 14 intersection, the site offers easy access to the broader region.

Recently Upgraded Facility / Long Term Operating History

• The ±12,550 SF building sits on ±3.74 acres (±7.70% coverage), features 24 total doors, and recently had significant parking lot renovations in August 2025 to enhance long term operational efficiency. FedEx Freight has an established operating history of over 20 years at this specific location.