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1235 South Signal Butte Road, Mesa, AZ 85209
Newly built retail center with four leased suites, corporate-backed tenants, and an established Target-anchored setting.
Property Size8,105 SF
Price / SF$1,007
Days on Market138
Property Features for 1235 South Signal Butte Road
General Information
Standard status
Active
Size
8,105 SF
Property subtype
Retail
Investment Type
Net Lease
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
SimonCRE
Listed By:
Alec Miller · License #AZ SA677300000
Source:
Crexi
Added: Apr 16
Changed: Aug 30
Last Checked: Aug 30 at 10:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SimonCRE
Investment Insights
Based on property information with market context.
Completed in 2026, Shops C at Medina Station is an approximately 8,105-square-foot multi-tenant retail center with four occupants: CAVA, Einstein Bros. Bagels, GoodVets, and My Dr. Now. The property is fully leased, with each tenant committed to an initial 10-year term supported by corporate guarantees, scheduled rent increases, and fixed CAM arrangements. The tenant mix combines food, healthcare, and veterinary services within a newly constructed retail setting.
The center is positioned at the US-60 and Signal Butte Road interchange in Mesa, Arizona, at a signalized intersection. Traffic volumes include more than 93,000 vehicles per day on US-60 and 31,448 vehicles per day on Signal Butte Road. Target, Dick's Sporting Goods, Boot Barn, and other national retailers and service providers are located within the broader power center. The property also sits near Superstition Gateway, a Sprouts-anchored shopping center, a proposed 473-acre Lennar Homes community, and more than 815 planned multifamily units.
The center is positioned at the US-60 and Signal Butte Road interchange in Mesa, Arizona, at a signalized intersection. Traffic volumes include more than 93,000 vehicles per day on US-60 and 31,448 vehicles per day on Signal Butte Road. Target, Dick's Sporting Goods, Boot Barn, and other national retailers and service providers are located within the broader power center. The property also sits near Superstition Gateway, a Sprouts-anchored shopping center, a proposed 473-acre Lennar Homes community, and more than 815 planned multifamily units.
Key Highlights
- ±8,105‑square‑foot retail center completed in 2026
- Fully leased to CAVA, Einstein Bros. Bagels, GoodVets, and My Dr. Now
- Each tenant has an initial 10‑year term with corporate guarantees
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
300k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 32%
Raising Cane's Chicken Fingers
Dining
48,091 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
42,190 visits/mo
0.2 miles
McDonald's
Dining
33,131 visits/mo
0.1 miles
Circle K
Shops & Services
28,526 visits/mo
0.1 miles
Dollar Tree
Shops & Services
23,716 visits/mo
0.2 miles
Demographics for 85209, AZ
44,192
Population
21,921
Households
2
Avg Household Size
44
Median Age
33%
College-Educated
93%
High-School Grad
11.8 sq mi
ZIP Area
3,745
Density / Sq Mi
$80,498
Median Household Income
$46,682
Median Earnings
$1,798
Median Rent
$363,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Quick-Tag — Walmart Supercenter, 1606 S Signal Butte Rd, Mesa, AZ 85209
Frequently Asked Questions
What type of property is this?
Shopping center - Newly built retail center with four leased suites, corporate-backed tenants, and an established Target-anchored setting.
Where is this shopping center located?
The property is located at 1235 South Signal Butte Road Mesa, AZ.
What is the asking price?
The asking price for this property is $8,164,500.
What are key features of this property?
This property features: ±8,105‑square‑foot retail center completed in 2026; Fully leased to CAVA, Einstein Bros. Bagels, GoodVets, and My Dr. Now; Each tenant has an initial 10‑year term with corporate guarantees
