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Dick's Sporting Goods at Medina Station 1421 S Signal Butte Rd 82,300 SF 100% Leased 5-Star Retail Building Mesa, AZ 85209 $24,361,000 ($296.00/SF)
Investment Highlights
- Strong Demographics Backed by Affluent Growth
- Premier Position at the US-60 & Signal Butte Interchange
- Positioned in the Path of Major Residential Growth
Executive Summary
Net Lease | 4, 5 Year Options
The net lease structure with four, five-year renewal options provides long-term tenancy stability and predictable income for the investor.
15-Year Leases | 2026 Construction
Brand new 2026 construction paired with long-term leases ensures durability of income and minimal near-term capital expenditures.
Rental Increases To Hedge Against Inflation
Built-in rent escalations offer consistent income growth and protection against inflationary pressures over the lease term.
Target Anchored Power Center
Strategically located within a high-performing power center anchored by Target, driving strong daily traffic and long-term tenant demand.
The net lease structure with four, five-year renewal options provides long-term tenancy stability and predictable income for the investor.
15-Year Leases | 2026 Construction
Brand new 2026 construction paired with long-term leases ensures durability of income and minimal near-term capital expenditures.
Rental Increases To Hedge Against Inflation
Built-in rent escalations offer consistent income growth and protection against inflationary pressures over the lease term.
Target Anchored Power Center
Strategically located within a high-performing power center anchored by Target, driving strong daily traffic and long-term tenant demand.
Property Facts Under Contract
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
82,300 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2026
Price
$24,361,000
Price Per SF
$296.00
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.13
Lot Size
14.00 AC
Zoning
Ru-43 - Rural Residential Classification
Frontage
1,139’ on South Signal Butte Road
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 220-82-018J | Improvements Assessment | $0 |
| Land Assessment | $3,958,620 | Total Assessment | $3,958,620 |
Property Taxes
Parcel Number
220-82-018J
Land Assessment
$3,958,620
Improvements Assessment
$0
Total Assessment
$3,958,620
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Dick's Sporting Goods at Medina Station | 1421 S Signal Butte Rd
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