FedEx Ship Center NNN
1375 N Hayden Rd Scottsdale, AZ 85257
1375 N Hayden Rd, Scottsdale, AZ, 85257
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For Sale
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Fee simple interest offered in a corporate-guaranteed NNN FedEx Ship Center with 3% annual rental increases and extension options.
Property Size39,056 SF
Price / SF$320.05
Days on Market196
Property Features for 1375 N Hayden Rd
General Information
- Standard status
- Active
- Size
- 39,056 SF
- Property subtype
- INDUSTRIAL
Listing agency
SRS Real Estate Partners | Phoenix
(602) 980-3553
Listed by
Ed Beeh · License #BRO32807000
(602) 980-3553
Source
Moodyscre
Added: Jan 6 Updated: Jul 21 at 5:03AM Checked: Jul 21 at 5:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | Phoenix
Investment Insights
Based on property information with market context.
SRS National Net Lease Group presents the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, corporate-signed FedEx Ship Center investment property. The tenant recently renewed the lease for an additional five years, with two additional five-year options to extend, reflecting long-term commitment to the site. Lease terms include 3% annual rental increases throughout the remaining term and option periods.
The lease is corporate guaranteed and structured as a NNN arrangement, with minimal landlord responsibilities.
This property is offered as an NNN leased corporate facility for investors seeking a low-management structure supported by a long-term, guaranteed tenancy.
The lease is corporate guaranteed and structured as a NNN arrangement, with minimal landlord responsibilities.
This property is offered as an NNN leased corporate facility for investors seeking a low-management structure supported by a long-term, guaranteed tenancy.
Key Highlights
- Fee simple interest (land & building ownership) in a NNN leased FedEx Ship Center in Scottsdale, AZ (Phoenix‑Mesa‑Scottsdale MSA)
- Tenant recently renewed the lease for an additional 5 years, with 2 (5‑year) options to extend
- Lease has 3% annual rental increases throughout the remaining term and the option periods
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $829.5k | $21.24 |
| − Vacancy | −$49.8k | −$1.27 |
| EGI | $779.8k | $19.97 |
| − OpEx | −$117.0k | −$2.99 |
| NOI | $662.8k | $16.97 |
39,056 SF · lease $21.24/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$9.47M
$8.29M – $11.05M
NOI $662,810 @ 7.0% cap · market cap 5.30%
Second Best
Industrial
$7.72M
$6.75M – $9.01M
NOI $540,365 @ 7.0% cap · market cap 4.32%
Theoretical Best
Retail
$12.82M
$11.22M – $14.96M
NOI $897,469 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
FedEx Ship Center
Courier Service
Similar For Sale Nearby
FAQs
What type of property is this?
Distribution center - Fee simple interest offered in a corporate-guaranteed NNN FedEx Ship Center with 3% annual rental increases and extension options.
Where is this distribution center located?
The property is located at 1375 N Hayden Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Fee simple interest (land & building ownership) in a NNN leased FedEx Ship Center in Scottsdale, AZ (Phoenix‑Mesa‑Scottsdale MSA); Tenant recently renewed the lease for an additional 5 years, with 2 (5‑year) options to extend; Lease has 3% annual rental increases throughout the remaining term and the option periods
