5478 S Power Rd
Gilbert, AZ 85295
Alamo Drafthouse Cinema | New 15Yr Lease · Retail Property For Sale

The Alamo Drafthouse Cinema is strategically located along S Power Road (26,100 VPD), a north/south retail and commuter thoroughfare, servicing the city of Gilbert. The asset also benefits from its position near State Highway 202 (50,000 VPD), a partial beltway highway system that provides commuters access between Mesa, Chandler, Tempe, and Gilbert, approximately .75 miles north. The site is surrounded by a number of master planned communities, contributing to more than 71,500 households within a 5-mile radius and providing a direct consumer base to draw from. Moreover, the asset is positioned within a strong retail corridor and adjacent to Gilbert Gateway Towne Center, a 462,400 SF neighborhood shopping center, featuring anchor tenants Walmart Supercenter and Target. The subject property is also located near the Arizona State University Polytechnic Campus, with nearly 5,100 students enrolled in 2018, and the Phoenix-Mesa Gateway Airport, reporting more than 1.3 million passenger boardings in 2017 alone. The 5-mile trade area is supported by more than 217,600 residents and 48,500 employees. The more immediate 3-mile trade area boasts an affluent average household income of $110,150.