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.