560 Running Dr Ste 100 W Gillette, WY 82718
COMMERCIAL - Gillette, WY
- Added:
- Oct 19, 2017
- Days on Market:
- 3189
- Last Refresh:
- Jul 12 at 1:06 am
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
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Investment Insights
Based on property information with market context.
The property is located in Gillette’s RC Ranch area, across the street from Thunder Basin High School and adjacent to the Rec Center. It is also described as being near a large apartment building complex at the base of the RC Ranch Subdivision.
Zoned C-1, the space is being positioned for ongoing business traffic from the surrounding residential and institutional uses. Unit selection and custom buildout quotes are available through the seller.
Key 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.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
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.
| 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 |
