Amazon-Leased NNN
1945 E Indian School Rd, Phoenix, AZ 85016
For Sale
Contact for pricing
A 10-year lease provides 10% rent increases every five years, with additional income from a billboard lease.
Property SizeContact for details
Days on Market12
Property Features for 1945 E Indian School Rd
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Corner Location
Traffic Count
Highway Access
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License #SA584876000
(602) 538-7155
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 4:06PM
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
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Investment Insights
Based on property information with market context.
At 1945 E Indian School Road in Phoenix, the property is occupied by Prime Now LLC, doing business as Amazon. The lease has a 10-year term and is supported by a five-year corporate guaranty from Amazon.com, Inc. Contractual rent increases are 10% every five years, and a separate billboard lease provides additional income.
The site sits at the signalized intersection of East Indian School Road and North 20th Street in the Biltmore/Arcadia trade area. Traffic counts exceed 48,566 vehicles per day, and State Route 51 is less than one mile away. The surrounding area has more than 22,800 residents within one mile, with average household income of approximately $82,770. Nearby retailers include Sprouts Farmers Market, Whole Foods Market, Fry’s Food Stores, Target, Nordstrom Rack, and LA Fitness.
The site sits at the signalized intersection of East Indian School Road and North 20th Street in the Biltmore/Arcadia trade area. Traffic counts exceed 48,566 vehicles per day, and State Route 51 is less than one mile away. The surrounding area has more than 22,800 residents within one mile, with average household income of approximately $82,770. Nearby retailers include Sprouts Farmers Market, Whole Foods Market, Fry’s Food Stores, Target, Nordstrom Rack, and LA Fitness.
Key Highlights
- Occupied by Prime Now LLC, doing business as Amazon
- 10‑year lease with a five‑year corporate guaranty from Amazon.com, Inc.
- 10% rent increases every five years
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
48,566 VPD
Traffic count
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
Properties on Market for NNN properties in Phoenix
Vacancy Rate% for Retail in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
NNN property - A 10-year lease provides 10% rent increases every five years, with additional income from a billboard lease.
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 $3,750,000.
What are key features of this property?
This property features: Occupied by Prime Now LLC, doing business as Amazon; 10‑year lease with a five‑year corporate guaranty from Amazon.com, Inc.; 10% rent increases every five years
