Signal Butte & Elliot Shops

About this opportunity

Listed by Danny Gardiner and Chad Tiedeman, Phoenix Commercial Advisors.

Trade-area snapshot

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

Property overview

Location3528 S Signal Butte Rd, Mesa, AZ 85212

• Loop 202 · 2.4 mi
• US-60 · 2.4 mi
• Eastmark · 2.0 mi

Get directionsOpen in Google Maps

Listing ID 2386228 · Investment sale · Updated 11/10/2026 · Retail brokers in Mesa