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SIGNAL BUTTE & ELLIOT SHOPS 3528 S Signal Butte Rd 7,746 SF 100% Leased Retail Building Mesa, AZ 85212 $6,653,000 ($858.89/SF) 5.75% Cap Rate
Investment Highlights
- Brand-new construction with long-term leases to tenants with an established presence in the market
- Swig drive-thru provides retail consumer convenience and future operational flexibility
- Affluent demographic profile with nearly 79,000 people within 3-miles and an average HH income exceeding $154,000
- Strong rental escalations throughout the initial lease terms and option periods
- 100% occupied retail building with three complementary service tenants, eliminating lease-up risk and providing stable income from day one
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
7,746 SF
Building Class
B
Year Built
2025
Price
$6,653,000
Price Per SF
$858.89
Cap Rate
5.75%
NOI
$382,562
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.88 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Pacific Dental Services
- -
-
99,999 SF
- -
- -
- Swig
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Pacific Dental Services | - | 99,999 SF | - | - | ||
| Swig | - | 99,999 SF | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 304-15-924 | Improvements Assessment | $0 |
| Land Assessment | $90,255 | Total Assessment | $90,255 |
Property Taxes
Parcel Number
304-15-924
Land Assessment
$90,255
Improvements Assessment
$0
Total Assessment
$90,255
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SIGNAL BUTTE & ELLIOT SHOPS | 3528 S Signal Butte Rd
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