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Property profile & analytics
FOR LEASE
Theaters & concert halls

5478 S Power Rd Gilbert, AZ 85295

38,414 SF 5.52 ac lot Built 2019
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-2446838
Property summary
AI-generated overview

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 profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 2019
Construction CONCRETE
Total area 38,414 SF
Lot 5.52 ac (240,296 SF)
Zoning code R-3
APN 304-39-964
UPID US07-2446838
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Majestic Gilbert 8 Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Alamo Gilbert Holdings LLC · 4 yrs held
Alamo Gilbert Holdings LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
R-3 · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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