US Bank Ground Lease
1425 South Signal Butte Road Mesa, AZ 85209
1425 South Signal Butte Road, Mesa, AZ, 85209
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For Sale
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New construction ground lease in Target-anchored power center.
Property Size4,047 SF
Price / SF$1,130
Days on Market66
Property Features for 1425 South Signal Butte Road
General Information
- Standard status
- Active
- Size
- 4,047 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing Agency
SimonCRE
Listed by
Alec Miller · License #AZ SA677300000
Source
Crexi
Added: May 12 Checked: Jul 16 at 9:53 am
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.
This property features a U.S. Bank ground lease at Medina Station, a Target-anchored power center located at S Signal Butte Rd & E Southern Ave in Mesa, AZ. The property, with construction planned for 2026, offers a 10-year 6-month ground lease with U.S. Bank National Association, transferring all maintenance, taxes, and operational obligations to the tenant. The landowner benefits from passive income without day-to-day management duties. The lease includes built-in rent escalations for consistent income growth and protection against inflationary pressures. The 4,047-square-foot site benefits from strong daily traffic and long-term tenant demand. It is positioned in the path of major residential growth, adjacent to a proposed 473-acre master-planned community by Lennar Homes and more than 815 planned multifamily units. 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.
Key Highlights
- Brand new 2026 construction with a 10‑year 6‑month ground lease from U.S. Bank National Association
- Zero landlord responsibilities due to ground lease structure, providing passive income
- Located in a Target‑anchored power center with strong daily traffic and long‑term tenant demand
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
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FAQs
What type of property is this?
Bank - New construction ground lease in Target-anchored power center.
Where is this bank located?
The property is located at 1425 South Signal Butte Road Mesa, AZ.
What is the asking price?
The asking price for this property is $4,577,000.
What are key features of this property?
This property features: Brand new 2026 construction with a 10‑year 6‑month ground lease from U.S. Bank National Association; Zero landlord responsibilities due to ground lease structure, providing passive income; Located in a Target‑anchored power center with strong daily traffic and long‑term tenant demand