Multi-Tenant Shops A at Medina Station
Target Anchored Shopping Center
Marketing description
Shops A at Medina Station is positioned at the US-60 and Signal Butte Road interchange in Mesa, Arizona, approximately 26 miles east of downtown Phoenix. The site sits within a Target-anchored power center under active construction — with Target scheduled to open in October 2026 — and benefits from exceptional visibility along a corridor carrying approximately 93,455 vehicles per day on the US-60 and 31,448 vehicles per day on Signal Butte Road. Strategically located between the established Superstition Gateway center and a newly developed Sprouts-anchored shopping center, the property captures both pass-through freeway traffic and destination shoppers already oriented to one of Mesa's fastest-growing retail corridors.
The surrounding trade area reflects one of the strongest demographic profiles in the eastern Valley. Within one mile, average household incomes exceed $111,607, with 71.6% of households owner-occupied and an average household size of 3.15. The five-mile population exceeds 219,000 residents, supported by $9.2 billion in annual household consumer expenditure, and population growth has averaged 1.28% annually from 2020 to 2025 — outpacing many established submarkets across the metro.
What further differentiates this location is the scale of incoming residential development. The site is adjacent to a proposed 473-acre master-planned community by Lennar Homes, with more than 815 additional multifamily units planned nearby and dozens of single-family and townhome projects across the broader trade area. Combined with employment growth driven by major technology infrastructure — including nearby Apple and Meta data centers — and Mesa's continued public and private investment in roads and mixed-use development, Medina Station is exceptionally well-positioned to capture long-term retail demand as one of the most active growth corridors in the Phoenix MSA.
Investment highlights
Multi-Tenant Shops | Net Lease
Diversified tenant mix with net-lease structures provides stable,
passive income and reduced landlord responsibilities.
10-Year Leases | 2026 Construction
Brand new 2026 construction paired with long-term leases ensures
durability of income and minimal near-term capital expenditures.
Rental Increases To Hedge Against Inflation
Built-in rent escalations offer consistent income growth and
protection against inflationary pressures over the lease term.
Target Anchored Power Center
Strategically located within a high-performing power center anchored
by Target, driving strong daily traffic and long-term tenant demand.
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