Modern Commercial Space in
560 Running Dr Ste 100 W, Gillette, WY 82718
- Added:
- Oct 19, 2017
- Days on Market:
- 3140
- Last Refresh:
- May 24 at 2:06 pm
Property Features for 560 Running Dr Ste 100 W
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Standard status
- Active
- Size
- 3,600 SF
Building Details
- Year built
- 2017
Listing agent Jessica LaCour License #13305 (307) 660-5470
Listing office 411 Properties 560 Running W Drive Ste 120, Gillette, WY (307) 660-5470
Listing date Oct 19, 2017
MLS# 17-1529
Copyright © 2026 Northeast Wyoming REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in a densely populated area of RC Ranch.
- High‑traffic location near Thunder Basin High School, a large apartment complex, and the Rec Center.
- "Build to Suite" option allows for customized buildout for the buyer's business.
- Modern commercial space.
- Located at the base of RC Ranch Subdivision.
- Building constructed in 2017.
Overview
This modern commercial space is under construction in a densely populated area of RC Ranch in Gillette, Wyoming. The location benefits from a constant flow of high-quality traffic due to its proximity to key community features. It is situated across the street from the new Thunder Basin High School and the largest apartment building complex in Gillette, and at the base of RC Ranch Subdivision, next to the Rec Center. The property is suitable for starting a new business. The seller offers a 'Build to Suite' option for any of the units, allowing for customization to meet specific business needs. The property is zoned C-1 and has a size of 3600 square feet.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$458.8K
NOI $41,294 @ 9.00% cap · cautious / downside scenario
Moderate
$589.9K
NOI $41,294 @ 7.00% cap · market / base-case scenario
Aggressive
$825.9K
NOI $41,294 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.0k | $18.60 |
| − Vacancy | −$8.0k | −$2.21 |
| EGI | $59.0k | $16.39 |
| − OpEx | −$17.7k | −$4.92 |
| NOI | $41.3k | $11.47 |
3,600 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$589.9K
$516.2K – $688.2K
NOI $41,294 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$632.1K
$553.1K – $737.4K
NOI $44,244 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Gillette
- County
- Campbell
- State
- Wyoming
- Longitude
- -105.769
- Latitude
- 43.7219
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - New commercial space in high-traffic Gillette location, build to suite.
Where is this retail space located?
The property is located at 560 Running Dr Ste 100 W Gillette, WY.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Prime location in a densely populated area of RC Ranch.; High‑traffic location near Thunder Basin High School, a large apartment complex, and the Rec Center.; "Build to Suite" option allows for customized buildout for the buyer's business.
