AmazonGo

Highlights

• Corporate-backed Amazon lease
• Single Tenant NNN Property
• Signalized Corner with Excellent Ingress/Egress
• Dense & Affluent Demographics
• 10% Increases Every 5 years, Next Increase 2027
• High Traffic Location with Almost 50,000 VPD
• Completely Renovated Building with 20-Year Roof Warranty
• Location is Permitted for Liquor Sale
• Kitchen Equipped Location Allows for Food Prep

Description

Amazon Go is a groundbreaking retail platform that revolutionizes the shopping experience by allowing customers to enter the store, select their items, and leave without waiting in line. Utilizing advanced technologies like computer vision and deep learning, the “Just Walk Out” feature automatically charges customers through the Amazon app, enhancing convenience and efficiency. With a diverse range of products, from fresh groceries to ready-to-eat meals, Amazon Go caters to busy lifestyles while leveraging data analytics for personalized shopping experiences. Additionally, its focus on sustainability minimizes waste and energy use, making it a glimpse into the future of retail that prioritizes customer satisfaction and environmental responsibility.

The subject property is located on a signalized hard corner with great visibility on the main Whittier Blvd arterial which sees nearly 50,000 vehicles per day and has almost half-million-population density within a 5-mile radius. It is less than a mile down on the Whittier Blvd arterial from the Friendly Hills Marketplace anchored by Amazon Fresh built in 2017. The subject property is located in a commercial corridor that is part of a revitalization encouraging both high-end residential and retail/commercial development along Whittier Blvd. As an example, the property is close to a 75-acre master-planned Brookfield community called The Groves which includes over 500 homes, nearly 200 apartments, and 150,000 square feet of retail/commercial space built in 2021, and only a couple blocks from the newly built 76-unit Catalina Luxury Apartments. Whittier has become an upscale residential community boasting $100,000+ average household incomes and both pedestrian and pet-friendly parks, hiking paths and recreation.