FedEx Ship Center NNN
For Sale
Contact for pricing
1375 N Hayden Rd, Scottsdale, AZ 85257
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 Market288
Property Features for 1375 N Hayden Rd
General Information
Standard status
Active
Size
39,056 SF
Property subtype
INDUSTRIAL
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners | Phoenix
(602) 682-6000
Listed By:
Ed Beeh · License #BRO32807000
(602) 980-3553
Source:
Moodyscre
Added: Jan 6
Changed: Oct 5
Last Checked: Oct 20 at 7:41PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$662,810
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,256,200
$13.3M
Cap Rate 7%
$9,468,714
$9.5M
Cap Rate 9%
$7,364,556
$7.4M
Market Conditions
NOI Build-Up for 39,056 SF
Gross rent
$829.5K $21.24/SF
− Vacancy
−$49.8K −$1.27/SF
EGI
$779.8K $19.97/SF
− OpEx
−$117.0K −$2.99/SF
NOI
$662.8K $16.97/SF
Area
Scottsdale, AZ
Vacancy
6.00%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,256,200
Cap Rate 7%
$9,468,714
Cap Rate 9%
$7,364,556
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 authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
Demographics for 85257, AZ
29,187
Population
16,392
Households
1.8
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,230
Density / Sq Mi
$79,828
Median Household Income
$54,580
Median Earnings
$1,812
Median Rent
$453,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
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
