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31851261
33188311

1453 South Signal Butte Road, Mesa, AZ 85209

AM
AZ AZ SA677300000
SimonCRE
PL
AZ AZ: SA708476000
SimonCRE
Listed by SimonCRE
$6,978,000
45 days on market
Updated 9 days ago

Multi-Tenant Shops (F) at Medina Station

Details
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 7,500
Occupancy 100%
Tenancy Multi
Year Built 2026
Investment Type Net Lease
Ground Lease No

Target Anchored Shopping Center

Marketing description

Medina Station presents a rare opportunity to acquire a newly constructed, multi-tenant net lease investment in one of Mesa, Arizona's fastest-growing retail corridors. Anchored by a Target power center and strategically positioned at the high-visibility intersection of S Signal Butte Road and E Southern Avenue along the US-60, this ±7,500 square foot multi-tenant retail building is offered at $6,800,000 with 10–12 year leases and built-in rental increases to hedge against inflation. The 2026 construction delivers a turnkey, low-management investment backed by nationally recognized and regionally beloved tenants including Five Guys, Café Zupas, and As You Wish Pottery Painting Place.

The trade area surrounding Medina Station is experiencing extraordinary residential and commercial momentum. Adjacent to a proposed 473-acre Lennar master-planned community and over 815 planned multifamily units, the site sits at the epicenter of new rooftop growth, ensuring a sustained and expanding consumer base for years to come. With over 220,000 residents within a five-mile radius and average household incomes exceeding $111,607 within one mile, the demographics reflect an affluent, high-spending population that supports strong long-term retail performance across all tenant categories.

Beyond its immediate site advantages, Medina Station benefits from exceptional regional connectivity and a thriving retail ecosystem. Positioned between the established Superstition Gateway center and a Sprouts-anchored shopping center, the property commands exposure to approximately 93,455 vehicles per day along US-60 and over 31,448 VPD on Signal Butte Road. Mesa's continued infrastructure investment, population growth exceeding 520,000 residents, and $9.2 billion in annual consumer expenditure within five miles make this an outstanding acquisition for investors seeking durable, income-producing commercial real estate in the dynamic Phoenix metro market.

Investment highlights

Multi-Tenant Shops | Net Lease

Diversified tenant mix with net lease structures provides stable, passive income and reduced landlord responsibilities.

10-12 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.

Listing Contacts

AM
AZ AZ SA677300000
SimonCRE
PL
AZ AZ: SA708476000
SimonCRE
Listed by SimonCRE

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Additional Information

Name
Alec Miller
License
AZ SA677300000
Name
Peter LeBlanc
License
AZ: SA708476000
Brokerage Phone
9282848404
Title
Arizona
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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