Exterior
multifamilyStudent Housingcommercial
7683 Lincoln Way, Phoenix, AZ 85001
Description
Corner lot with excellent street presence. Ample parking and easy access from major highways.
Property Details
Building Size
16,410 SF
Lot Size
141,841 SF
Year Built
1990
Rent Roll
5/7 occupied| Unit | Tenant | Size (SF) | Status |
|---|---|---|---|
| Suite 100 | Edward Jones | 2,025 | Occupied |
| Suite 200 | AT&T | 526 | Occupied |
| Suite 300 | Starbucks | 2,256 | Occupied |
| Suite 400 | — | 904 | Vacant |
| Suite 500 | — | 3,767 | Vacant |
| Suite 600 | Verizon | 687 | Occupied |
| Suite 700 | Subway | 4,462 | Occupied |
| Total | 14,627 |
For Sale
VerifiedAsking Price
$21,970,000
Net Operating Income
Actual$1,010,620
Gross Income$1,414,868
Operating Expenses$404,248
Vacancy Rate7%
Cap Rate
4.6%
Occupancy: 90%
Listed by
Sarah Chen
broker
Vera Realty Inc.
License #BRK-2024-0042
Last verified: 4/23/2026