For Lease
$17.50/SF/YR

0 Signal Butte Rd & Southern AveMesa, AZ 85209

High-traffic retail land, 81,618 sqft.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.87-acre commercial property in Mesa, Arizona, presents a unique investment opportunity. Located at the southwest corner of Signal Butte Road and Southern Avenue, this mixed-use site boasts a total building area of 81,618 square feet, currently entirely vacant and ready for immediate development. The property is zoned LC-PAD, offering flexibility for a variety of retail uses. Its prime location offers unparalleled visibility and accessibility, situated adjacent to a brand new Sprouts shopping center averaging over 38,000 monthly visitors and directly across from The Shoppes at Parkwood Ranch, a Hobby Lobby-anchored center attracting over 63,000 monthly visitors. This ensures high foot traffic and strong consumer presence. The surrounding area demonstrates a robust daytime population, exceeding 86,000 individuals within a 3-mile radius. A significant portion of this population is employed in healthcare, consumer services, and education sectors, creating a substantial consumer base for retail businesses. This property offers an exceptional chance to capitalize on the thriving commercial landscape of Mesa, Arizona, with its high visibility, strong demographics, and proximity to established retail centers. The 81,618 square feet of vacant space provides ample room for a large-scale development or multiple smaller tenants. The 1.87-acre lot size allows for significant flexibility in design and development plans. This is a rare opportunity to acquire a high-potential retail property in a rapidly growing area. The property's location and surrounding amenities make it an ideal investment for developers and businesses seeking a strong foothold in the Mesa market.

Highlights

  • Over 130,000 SF of commercial space planned, including a proposed 4-story hotel and a 300-unit multifamily development.
  • Adjacent to a new Sprouts (38,000+ monthly visitors) and across from the Shoppes at Parkwood Ranch (Hobby Lobby anchored, 63,000+ monthly visitors).
  • Strong daytime population (86,000+ within 3 miles), with significant employment in healthcare, consumer services, and education; proximity to Mountain Vista Medical Center (700+ employees, 178 beds) and Skyline High School (2,451 students, 202 staff).
  • Established trade area with 97,859 residents within 3 miles, projected to grow to over 104,000 by 2025.
  • High visibility on Southern Ave with full site access.

Property Details for 0 Signal Butte Rd & Southern Ave

Property type
Retail properties, Land
RSF (Rentable sq. ft)
81,618 SF

Unit(s) available at that property

Space
Available Space
Size
81,618 SF
Rate per SF
$17.50

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.3805787
Longitude
-111.6012726
Signal Butte Rd & Southern Ave, Mesa, Arizona

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0 Signal Butte Rd & Southern Ave
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