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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 $17,527,086 CAD
Price Per SF $448.77 CAD
Sale Type Investment NNN
Cap Rate 5.15%
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

FedEx began in 1971 as Federal Express Corporation, built around an overnight delivery concept that used air transport to move time-sensitive shipments. The company has since grown into a transportation and logistics business with services spanning express delivery, small-package ground shipping, freight transportation, customs brokerage, ocean and air freight forwarding, and document and print services. FedEx serves customers through a broad portfolio that supports shipping, e-commerce, and business operations across a wide network.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Transportation and Warehousing 99,999 SF - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
131-09-002K
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$810,043 CAD
  • Listing ID: 36759071

  • Date on Market: 2025-07-16

  • Last Updated:

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

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