DHL Cold Storage_Property for Sale
DHL Cold Storage_Property for Sale
10030 Eastport Road, Jacksonville, FL, 32218, US

DHL Cold Storage

Description

Jones Lang LaSalle, Inc. has been exclusively retained to market for sale the fee simple interest in DHL Cold Storage – a newly-built ±603,200 SF Class A cold storage industrial facility located in the Eastport industrial pocket of Jacksonville, FL. Situated on a 49.8 acre site, the Property was designed as a future-ready sustainable facility allowing for LEED certification and features best-in-class core and building specifications.

The build-to-suit Property is fully leased to DHL (the "Tenant"), one of the world's leading logistics companies that enjoys an impeccable A2 credit rating (Moody's), and has operated for the last 15 years. The facility was developed to service Danone's neighboring mission-critical manufacturing plant which recently completed a $65M renovation and expansion to include an additional production line, and is less than a 10 minute drive from this facility. Danone operates 13 facilities in the US, has been operating in the Jacksonville market since 1948, and similarly enjoys a BBB+ S&P credit rating.

DHL Cold Storage offers investors the unique opportunity to acquire a newly built, Class A cold storage warehouse with market-leading improvements and future-ready sustainability features within a strategic Southeast US port market on a long-term net lease.


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Attributes

Building area net
603,200 sf
Occupancy
100%
Year built
2025
Land area gross
50 sf
WALT
15 years
Lease type
Net lease (N/NN/NNN)

Media

Investment Highlights

Class A, new construction 603,200 SF cross-dock cold storage industrial facility located within the Jacksonville MSA's fastest growing and most prominent submarket, only 5.5 miles away from JAXPORT.


Fully leased for 15 years starting Aug-2025 to DHL—one of the world's leading logistics companies, wholly owned by Deutsch Post (Moody's: A2).


Bankable cash flow with above average annual rent increases of 3.5-4%.


Mission-critical facility developed to exclusively support the Danone (S&P: BBB+) manufacturing plant.


Offered at a significant spread to similar duration corporate DHL bonds (4.00%) and below recent cold storage sale transactions.


Jacksonville is a high growth market for DHL and an "Emerging Campus" to support customers and increase logistics and transportation efficiencies.

DHL Cold Storage 4_Property for Sale
DHL Cold Storage 4_Property for Sale

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DHL Cold Storage (0 Properties)

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Last updated
9 Sep 2025