3115 Lincoln DrPhoenix, AZ 85016

Property Details for 3115 Lincoln Dr

Year built

1980

Construction

CONCRETE

Lot size

8.39 AC

Property size (Sq ft)

15,200 SF

Zone code

C-1

Property type

Medical offices

Property subtype

Medical centers

APN

164-69-934A

APU

16469934A

Description

Lincoln View Plaza, located at 3115 E Lincoln Dr in Phoenix, Arizona (zip code 85016), offers exceptional retail space for lease. This Maricopa County property presents a fantastic opportunity for businesses seeking prime commercial real estate in a high-traffic area. The plaza features multiple tenancy options, with four individual spaces currently available, ranging in size from 1,794 square feet to 4,000 square feet. The flexible space allows for customization to suit various business needs. The property's strategic location at the southwest corner of 32nd Street and Lincoln Drive ensures high visibility and accessibility for customers. This makes it an ideal location for businesses seeking maximum exposure and convenient access for their clientele. The property type is classified as retail, but also includes office and commercial space options within the available units, providing versatility for a range of potential tenants. Interested parties are encouraged to inquire about lease terms and specific space availability. The property's coordinates are 33.5301735 latitude and -112.0142671 longitude. This vibrant Phoenix location offers a strong potential for business growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $4,185,056

  6.5%

  $3,863,128

  7%

  $3,587,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,343,080

  Geo Method

  $2,343,080

• Alternative Use

  Use

  Valuation

  Residential

  $4,790,279

  Hospitality

  $4,387,870

  Educational

  $3,650,656

  Medical

  $3,776,208

  Retail

  $5,678,798

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5303

Longitude

-112.014

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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