Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the opportunity to acquire AMZL Phoenix (“the Property”), a state-of-the-art, Class A industrial building totaling ±147,435 SF. AMZL Phoenix is 100% leased to Amazon through 2033, serving as a mission-critical last-mile delivery station within one of the most dynamic industrial markets in the country. The site features an exceptionally low coverage of 11.8% and has 18.5 acres of excess land, which Amazon uses as additional parking. The additional land affords an investor a tremendous opportunity to build upwards of 217,271 SF of additional RSF across three industrial buildings.
Amazon’s long-term commitment to the facility is underscored by its investment of more than $18 million in capital improvements ($122/SF), reflecting the Property’s strategic importance within its logistics network. Furthermore, the in-place rent is 42.3% below market, which offers investors an attractive opportunity for long-term income growth and value appreciation upon lease rollover.
Built to institutional standards, the Property features 32’ clear height, ESFR sprinkler systems, heavy power capacity, abundant secured van and car parking, and a fully secured concrete truck court—attributes that meet the rigorous operational demands of modern e-commerce and logistics users.
Strategically located near Loop 202 and adjacent to Falcon Field Airport, AMZL Phoenix offers exceptional connectivity to the broader Phoenix metropolitan area and immediate access to a deep, growing consumer base. This premier infill location provides tenants with superior access to regional transportation arteries, supporting efficient distribution and same-day delivery capabilities.