Amazon-Occupied NNN
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For Sale
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1945 E Indian School Rd, Phoenix, AZ 85016
A 10-year lease includes scheduled rent increases, corporate guaranty support, and supplemental billboard income.
Property SizeContact for details
Days on Market6
Property Features for 1945 E Indian School Rd
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License #SA584876000
(602) 224-4475
Source:
Crexi
Added: Sep 8
Changed: Sep 11
Last Checked: Sep 13 at 7:35AM
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 Cushman & Wakefield - Phoenix, Arizona
Investment Insights
Based on property information with market context.
This NNN investment is occupied by Prime Now LLC, doing business as Amazon, under a 10-year lease supported by a five-year corporate guaranty from Amazon.com, Inc. Contractual rent increases of 10% every five years provide defined lease growth, while an on-site billboard lease adds a separate income component.
The property occupies the hard signalized corner of East Indian School Road and North 20th Street at 1945 E Indian School Road in Phoenix. The site records traffic counts exceeding 48,566 vehicles per day and sits less than one mile from State Route 51. More than 22,800 residents live within one mile, with average household incomes of approximately $82,770. Nearby retail and traffic drivers include Sprouts Farmers Market, Whole Foods Market, Fry’s Food Stores, Target, Nordstrom Rack, and LA Fitness.
The property occupies the hard signalized corner of East Indian School Road and North 20th Street at 1945 E Indian School Road in Phoenix. The site records traffic counts exceeding 48,566 vehicles per day and sits less than one mile from State Route 51. More than 22,800 residents live within one mile, with average household incomes of approximately $82,770. Nearby retail and traffic drivers include Sprouts Farmers Market, Whole Foods Market, Fry’s Food Stores, Target, Nordstrom Rack, and LA Fitness.
Key Highlights
- Prime Now LLC, doing business as Amazon, occupies the property
- 10‑year lease with 10% rental increases every five years
- Five‑year corporate guaranty from Amazon.com, Inc.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,768
Businesses Nearby
Explore this area
Business Placement
Demographics for 85016, AZ
37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value
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Market
Vacancy Rate% for Retail in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
NNN property - A 10-year lease includes scheduled rent increases, corporate guaranty support, and supplemental billboard income.
Where is this nnn property located?
The property is located at 1945 E Indian School Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Prime Now LLC, doing business as Amazon, occupies the property; 10‑year lease with 10% rental increases every five years; Five‑year corporate guaranty from Amazon.com, Inc.
