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    5478 Power Rd Gilbert, AZ 85295

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail spaces available now

    Lot size:
    710,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at the southwest corner of Power Road and Ray Road in Maricopa County, offers three available suites within a larger 710,000 square foot center. The property boasts a prime location adjacent to two major power centers, anchored by established national retail and restaurant tenants, ensuring high visibility and foot traffic. Three suites are available, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 6,000 square feet. A total of 15,500 square feet is currently vacant, presenting a unique opportunity for businesses seeking immediate occupancy. The property's strategic location and substantial size make it an ideal investment for a variety of retail ventures. This is a multi-tenant building offering flexibility for businesses of varying sizes. The existing infrastructure and high-traffic location provide a strong foundation for success. The proximity to established national retailers and restaurants ensures a consistent flow of potential customers. This is a rare opportunity to secure prime retail space in a thriving commercial area. Contact us today to learn more about leasing options and explore the potential of this exceptional property.

    Property Features for 5478 Power Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    710,000 SF

    Unit(s) available at that property

    Space
    P3
    Size
    4,000 SF
    Space
    P1
    Size
    5,500 SF
    Space
    P2
    Size
    6,000 SF

    HighLights

    • Retail property totaling 710,000 square feet in Maricopa County.
    • Three suites available, ranging from 4,000 to 6,000 square feet each.
    • 15,500 square feet of vacant space currently available.
    • Located at the southwest corner of Power Road and Ray Road, with excellent street visibility.
    • New construction end‑cap and drive‑thru opportunities available.
    • Adjacent to two large power centers with approximately 710,000 square feet of national retail and restaurant tenants (less than 1% vacancy).
    Property Profile Location Intelligence

    Current Use by Public Records

    Majestic Gilbert 8 Movie Theater

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6886168
    Latitude
    33.3172566

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail spaces available now
    Where is this retail property located?
    The property is located at 5478 Power Rd Gilbert, AZ.
    What are key features of this property?
    This property features: Retail property totaling 710,000 square feet in Maricopa County.; Three suites available, ranging from 4,000 to 6,000 square feet each.; 15,500 square feet of vacant space currently available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5478 Power Rd Gilbert, AZ 85295
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