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FedEx Ship Center | Corp NNN | Recent Renewal 1375 N Hayden Rd 39,056 SF Flex Building Scottsdale, AZ 85257 $17,449,000 CAD ($446.77 CAD/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate Signed | Recent 5 Year Lease Renewal | Annual Rental Increases | Investment Grade Tenant
  • Close Proximity to Downtown/Sky Harbor Airport | Nearby National/Credit Tenants | Only FedEx in Scottsdale
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, FedEx Ship Center investment property located in Scottsdale, Arizona (Phoenix-Mesa-Scottsdale MSA). The tenant recently renewed the lease for an additional 5 years with 2 (5-year) options to extend, demonstrating their long term commitment to the site. The lease features rare 3% annual rental increases throughout the remaining term and option periods, steadily growing NOI and hedging against inflation. The lease is corporate guaranteed and is NNN leased with minimal landlord responsibilities making it an ideal, low-management investment for a passive investor.

PROPERTY FACTS

Price $17,449,000 CAD
Price Per SF $446.77 CAD
Sale Type Investment NNN
Cap Rate 5%
Property Type Flex
Property Subtype
Flex Research & Development
  • Industrial Distribution
Building Class B
Lot Size 2.79 AC
Rentable Building Area 39,056 SF
No. Stories 2
Year Built 1987
Tenancy Single
Parking Ratio 2.89/1,000 SF
Clear Ceiling Height 25’
No. Drive In / Grade-Level Doors 9
Zoning I-1 - Industrial

AMENITIES

  • Fenced Lot
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Transportation and Warehousing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

The FedEx strategy to compete collectively, operate collaboratively and innovate digitally provides a competitive advantage for their company. FedEx's broad portfolio of services allows them to meet the needs of their customers, most of whom use services from two or more of their operating companies. FedEx has grown tremendously since its first night of operations in 1973. Now FedEx serves many countries and territories and continues to offer new products and services around the globe. FedEx Express, FedEx Ground, FedEx Freight and FedEx Services show segment revenue. Other and eliminations includes revenue from FedEx Logistics, FedEx Office and FedEx Dataworks (including ShopRunner, Inc.).

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Transportation and Warehousing 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
131-09-002K
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$813,329 CAD
  • Listing ID: 36759071

  • Date on Market: 2025-07-16

  • Last Updated:

  • Address: 1375 N Hayden Rd, Scottsdale, AZ 85257

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