---
title: "Signal Butte & Elliot Shops, Mesa For Sale | PCA"
url: "https://newphoenixcommercialadvisors.com/properties/signal-butte-and-elliot-shops-mesa/"
description: "Signal Butte & Elliot Shops: Retail-Pad for sale in Mesa, AZ. 7,746 SF. $6,170,000. Listed by Danny Gardiner, Chad Tiedeman, Phoenix Commercial Advisors."
publisher: "Phoenix Commercial Advisors"
generated: "11/11/2026"
---

# Signal Butte & Elliot Shops (For Sale)

Retail-Pad for sale in Mesa, AZ 85212.

## Public facts

- Status: Available
- Record last edited: 11/10/2026
- Tenancy: Multi-tenant
- Traffic: ±26,566 VPD on Elliot Rd
- Features: drive-thru, pad
- Trade area (radius 1 mile, 3 miles, 5 miles): Population, 1 mile 9,055; Population, 3 miles 80,224; Population, 5 miles 171,282; Households, 1 mile 2,941; Households, 3 miles 27,829; Households, 5 miles 65,875; Average household income, 1 mile $166,447; Average household income, 3 miles $168,292; Average household income, 5 miles $127,563

- Cross streets: Signal Butte Rd & Elliot Rd | NWC
- Address: 3528 S Signal Butte Rd, Mesa, AZ 85212
- Coordinates: 33.351013, -111.601497
- Price: $6,170,000
- Building Size: 7,746 SF
- Property Type: Retail-Pad
- Site facts: Property type Retail
- Nearby, straight-line miles: Loop 202 2.4 mi; US-60 2.4 mi; Eastmark 2.0 mi
- Investment sale (income-producing retail): yes; PCA investment sales team, led by Chad Tiedeman
- Cap rate (as published): 6.2%
- NOI: $382,562
- Description: Signal Butte & Elliot Shops | 6.20 Cap | 7,746 SF | 100% Leased | Drive-Thru
- About the location: Signal Butte & Elliot Shops is located along Signal Butte Road; situated on the west side; just north of Elliot Road.
- Highlights: Brand-new construction with long-term leases to tenants with an established presence in the market | Strong rental escalations throughout the initial lease terms and option periods | Swig drive-thru provides retail consumer convenience and future operational flexibility | Only retail shop building at the signalized hard corner with complementary traffic drivers including Oregano's, Circle K, and Black Rock Coffee | 100% occupied retail building with three complementary service tenants, eliminating lease-up risk and providing stable income from day one | Affluent demographic profile with nearly 79,000 people within 3-miles and an average HH income exceeding $154,000, representing substantial purchasing power and consumer spending capacity | Centrally located in a high growth submarket between Eastmark and Blooming Rock, DR Horton’s and Brookfield’s master-planned development with another 10,000-plus homes planned just east of the site | Proximity to ASU’s Polytechnic Campus, with over 6,000 full-time students enrolled, which provides a stable customer base for daily retail and dining needs | Accessible to three major freeways; Loop 202, US-60, and SR-24, with a 5-minute proximity to Mesa Gateway Airport, providing regional accessibility | Site located within the Elliot Technology Corridor (including Apple, Amazon, Google, Meta, Costco Distribution Center, and more) with approximately 5,700 employees on site occupying 3.6M SF of industrial as of May 2023
- Brokers: Danny Gardiner (602-385-1328); Chad Tiedeman (602-288-3472)
- Offering memorandum, rent roll and financials: on request via the form at https://newphoenixcommercialadvisors.com/properties/signal-butte-and-elliot-shops-mesa/#om (qualified buyers)
- Photo: https://newphoenixcommercialadvisors.com/assets/img/listings/2386228-1200.webp
- Listing ID: 2386228 (source: PCA listing system, updated 11/10/2026)

Contact Phoenix Commercial Advisors, 602-957-9800, marketing@pcaemail.com.

The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. All information should be verified prior to purchase. The broker and/or agent recommends Buyers independently verify every item of information to buyer's full satisfaction.