Multi-Tenant Shops D at Medina Station
Target Anchored Shopping Center
Marketing description
Exceptional net lease investment opportunity in one of the Phoenix metro's fastest-growing retail corridors. Shops D at Medina Station is a brand new 2026 construction, ±7,340 SF multi-tenant retail building located within a Target-anchored power center at the high-visibility intersection of S Signal Butte Road and E Southern Avenue in Mesa, Arizona.
The property is 100% occupied by three established tenants — Mission BBQ, Handel's Homemade Ice Cream, and Zara Nail Bar — each operating under 10-year net leases with built-in rent escalations, providing investors with durable, passive income from day one. Landlord responsibilities are minimal, with tenants responsible for utilities, HVAC, and reimbursing property taxes and insurance.
The center benefits from immediate proximity to the new Target (opening October 2026), Dick's Sporting Goods, Boot Barn, and a Sprouts-anchored center, with frontage along US-60, which carries approximately 93,455 vehicles per day. The trade area draws from over 220,000 residents within five miles, average household incomes exceeding $111,607 within one mile, and robust residential pipeline growth including a proposed 473-acre Lennar master-planned community and 815+ multifamily units immediately adjacent to the site.
Investment highlights
Premier Position at the US-60 & Signal Butte Interchange
Strategically located between the established Superstition Gateway center and a newly developed Sprouts-anchored shopping center, this high-visibility site benefits from strong traffic along US-60 and Signal Butte Road while serving one of Mesa’s fastest growing retail corridors.
Strong Demographics Backed by Affluent Growth
The surrounding trade area includes more than 220,000 residents within a five-mile radius, complemented by average household incomes exceeding $111,607 within one mile providing a strong, affluent customer base that supports long-term retail performance.
Positioned in the Path of Major Residential Growth
Located within a rapidly expanding corridor, the site is adjacent to a proposed 473-acre master-planned community by Lennar Homes and more than 815 planned multifamily units, bringing a significant wave of new rooftops and long-term consumer demand directly to the trade area.
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