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Virtual Drive-By

FedEx NNN

1375 Hayden Rd · Scottsdale, AZ 85257 · Industrial / Logistics

Asking price
$12,500,000
Cap rate
5.15%
NOI
$643,643

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining3.8 yrs
Expiration05/2030
Rent bumps3% rental increases annually during the remaining term and continuing throughout the option periods
Options2 (5-Year)
Ground leaseNo
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF39,056
Price / SF$320
Year built1987
Lot size2.79 ac
TypeDistribution
Days on market375

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​

    Corporate Signed | Recent 5 Year Lease Renewal | Annual Rental Increases | Investment Grade Tenant

  • ​

    NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities

  • ​

    Close Proximity to Downtown/Sky Harbor Airport | Nearby National/Credit Tenants | Only FedEx in Scottsdale

  • ​

    Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

Property overview

SRS National Net Lease Group 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.​

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.