Monmouth Real Estate Investment Corporation (MREIC) is a real estate investment trust (REIT) that has been in successful operation since 1968. MREIC invests in Net Leased industrial properties with long-term leases to investment grade tenants. MREIC's current tenants include: Anheuser-Busch, Caterpillar Logistics Systems, Coca Cola, FedEx, Keeber/Kelloggs, Mead Paper, Sherwin-Williams, and Western Container.
The property is net leased to FedEx Ground Package System Inc. through September 30 of 2019. This Industrial building was constructed in 2009
Many net leases have the tenant agreeing to pay for ownership expenses, including utilities, repairs, insurance and taxes.