Shadow-Anchored Retail Shopping
For Sale
Contact for pricing
Pending
925 S Gilbert Rd, Mesa, AZ 85204
Large shopping center with major discount retailers and substantial first- and second-floor vacancy.
Property Size262,722 SF
Days on Market118
Property Features for 925 S Gilbert Rd
General Information
Standard status
Pending
Size
262,722 SF
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
REZA Investment Group
Listed By:
Aaron Bettencourt · License #CA 01194991
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Aug 6 at 5:19AM
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 REZA Investment Group
Investment Insights
Based on property information with market context.
Santa Fe Square is a Target shadow-anchored retail shopping center totaling 262,722 square feet in Mesa, Arizona. The anchor tenant, a Target store of approximately 101,000 square feet, is not part of the offering. The center is anchored by Jo-Ann Fabrics, Beall’s Outlet, and 99 Cents Only, with additional national and regional tenants including AutoZone, Rent-A-Center, The Broken Yolk Café, Weight Watchers, H & R Block, and Allstate Insurance.
The property includes approximately 64,954 square feet of vacant space, representing about 25% of total GLA across both first and second floors. On the ground floor, there is approximately 36,499 square feet of vacancy (about 14% of total GLA and 19% of ground floor GLA), including a vacant 27,339 square foot anchor suite. On the second floor, vacancy is approximately 28,455 square feet (about 11% of total GLA and 42% of second floor GLA).
The property includes approximately 64,954 square feet of vacant space, representing about 25% of total GLA across both first and second floors. On the ground floor, there is approximately 36,499 square feet of vacancy (about 14% of total GLA and 19% of ground floor GLA), including a vacant 27,339 square foot anchor suite. On the second floor, vacancy is approximately 28,455 square feet (about 11% of total GLA and 42% of second floor GLA).
Key Highlights
- Santa Fe Square totals 262,722 SF and is Target shadow‑anchored in Mesa, AZ (Target store not part of the offering).
- Approximately 64,954 SF of vacant space, about 25% of total GLA across both first and second floors.
- Ground‑floor vacancy: approx. 36,499 SF (14% of total GLA and 19% of ground‑floor GLA), including a vacant 27,339 SF anchor suite.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
678
Businesses Nearby
328k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Superstores 30%
Dining 23%
Home Improvements & Furnishings 6%
Target
Superstores
99,024 visits/mo
0.2 miles
QuikTrip
Shops & Services
52,415 visits/mo
0.3 miles
Circle K
Shops & Services
21,347 visits/mo
0.4 miles
Harbor Freight Tools
Home Improvements & Furnishings
18,035 visits/mo
0.5 miles
Dollar Tree
Shops & Services
16,941 visits/mo
0.5 miles
Demographics for 85204, AZ
63,808
Population
24,536
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
84%
High-School Grad
9.9 sq mi
ZIP Area
6,445
Density / Sq Mi
$69,474
Median Household Income
$40,347
Median Earnings
$1,426
Median Rent
$296,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Large shopping center with major discount retailers and substantial first- and second-floor vacancy.
Where is this shopping center located?
The property is located at 925 S Gilbert Rd Mesa, AZ.
What are key features of this property?
This property features: Santa Fe Square totals 262,722 SF and is Target shadow‑anchored in Mesa, AZ (Target store not part of the offering).; Approximately 64,954 SF of vacant space, about 25% of total GLA across both first and second floors.; Ground‑floor vacancy: approx. 36,499 SF (14% of total GLA and 19% of ground‑floor GLA), including a vacant 27,339 SF anchor suite.
