Matthews Logo

Navigation Menu

3020 Grant Ave, Plover, WI, 54467

FedEx Freight
$1,536,000

Key Information

Cap Rate
7.5%
$ per SF
$125
Tot. SF
12,250
Year Built
1999
Term Remaining
±3.8 Yrs
Type
Industrial

Highlights

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 the Wausau-Stevens Point-Wisconsin Rapids CSA (±280,000 residents) making it a mission-critical hub for the company’s LTL operations throughout central Wisconsin. Positioned directly off Hwy 54, the site provides seamless connectivity to Interstate 39 and Hwy 10, connecting central Wisconsin to major population centers such as Madison, Eau Claire and Appleton.

Recently Upgraded Facility / Long Term Operating History

The ±12,250 SF building sits on ±5.47 acres (±5.14% Coverage), features 24 total doors, and received a comprehensive LED lighting upgrade in September 2025 to enhance operational efficiency. FedEx Freight has a longstanding operating history of over 20 years at the facility, demonstrating their commitment to the location.

Photos

Location

Agents

Financing Agents

Broker of Record

Matt Fitzgerald

License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203