560 Running Drive Ste 130 W Gillette, WY 82718
COMMERCIAL - Gillette, WY
- Added:
- Oct 19, 2017
- Days on Market:
- 3188
- Last Refresh:
- Jul 11 at 8:06 am
Property Features for 560 Running Drive Ste 130 W
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Standard status
- Active
- Size
- 3,000 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.
Located at 560 Running Drive Ste 130 W in Gillette, Wyoming, the site is described as being in the RC Ranch area, across the street from Thunder Basin High School, adjacent to the RC Ranch Rec Center, and near a large apartment complex. The property is positioned at the base of the RC Ranch Subdivision, supporting consistent everyday visibility.
Zoned C-1, the space is designed to accommodate a range of retail uses consistent with the zoning designation. For additional information on unit selection and buildout quotes, the listing notes that the seller will consider custom build-to-suite arrangements.
Key Highlights
- Prime location in a densely populated area of RC Ranch.
- Across the street from Thunder Basin High School.
- Across the street from the largest apartment complex in Gillette.
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 | $55.8k | $18.60 |
| − Vacancy | −$6.6k | −$2.21 |
| EGI | $49.2k | $16.39 |
| − OpEx | −$14.7k | −$4.92 |
| NOI | $34.4k | $11.47 |
