Amazon 1945 E Indian School Rd 6,652 SF Retail Building Phoenix, AZ 85016 $5,854,800 CAD ($880.16 CAD/SF) 5.12% Cap Rate

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Amazon, one of the world's largest and most influential technology, e-commerce, and logistics companies. The property is secured by a lease with Prime Now LLC dba Amazon, backed by a five-year corporate guaranty from Amazon.com, Inc. (NASDAQ: AMZN), offering investors a stable income stream supported by one of the strongest corporate brands in the world. The asset features a 10-year lease term, 10% rental increases every five years, and additional income from an on-site billboard lease, creating both durable cash flow and embedded revenue growth.
Founded in 1994, Amazon has evolved from an online bookstore into a global leader across e-commerce, cloud computing, digital advertising, logistics, entertainment, and artificial intelligence. The company generated approximately $716.9 billion in net sales during 2025, employs approximately 1.58 million people worldwide, and was ranked No. 1 on the 2026 Fortune 500, making it the largest U.S. company by annual revenue. The subject property is occupied by Prime Now LLC, Amazon's rapid-delivery platform designed to support same-day and ultra-fast fulfillment within major metropolitan markets. Prime Now facilities serve as a critical component of Amazon's last-mile logistics network, enabling expedited delivery of groceries, household goods, and everyday consumer products. As Amazon continues investing heavily in its delivery infrastructure and customer convenience initiatives, locations such as this play an increasingly important role in supporting the company's operational footprint and long-term growth strategy.
The property is strategically located at 1945 E Indian School Road on the hard signalized corner of East Indian School Road and North 20th Street within Phoenix's highly desirable Biltmore/Arcadia trade area. The site benefits from exceptional visibility with traffic counts exceeding 48,566 vehicles per day and is located less than one mile from State Route 51, providing direct access throughout the Phoenix metropolitan area. The surrounding area features a dense infill population of more than 22,800 residents within one mile and is supported by average household incomes of approximately $82,770. Nearby retailers and traffic drivers include Sprouts Farmers Market, Whole Foods Market, Fry's Food Stores, Target, Nordstrom Rack, and LA Fitness, reinforcing the strength of the trade area.
This offering represents an opportunity to acquire a strategically located Amazon investment with corporate backing, contractual rent growth, additional billboard income, and exceptional real estate fundamentals within one of Central Phoenix's most established and sought-after infill retail corridors.