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    Gold Canyon Boutique Gym Space Title is generated by Realmo AI

    6772 S Kings Ranch Rd, Gold Canyon, AZ 85118

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    7,463 SF building previously used as a boutique gym.

    Type:OFFICE
    Property size:
    7,463 SF
    Lot size:
    4.62 Acres
    Price / SF:
    $169/SF
    Added:
    Nov 29, 2022
    Days on Market:
    1296
    Last Refresh:
    May 19 at 9:43 pm

    Property Features for 6772 S Kings Ranch Rd

    General Information

    Standard status
    Active
    Size
    7,463 SF
    Lot size
    4.62 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 6772 S Kings Ranch Rd Contact us

    We can help!

    Listing Contact
    Bret Isbell
    Bret Isbell

    Listing agent Bret Isbell License #BR549336000

    Listing office Kidder Mathews | Phoenix

    Listing date Nov 29, 2022

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews | Phoenix

    HighLights

    • Large ±7,463 SF building size suitable for various business operations.
    • Includes men’s and women’s locker rooms, shower facilities and steam rooms.
    • Reserved parking with 6 covered spaces.
    • Previously used as a boutique gym, potentially suitable for similar businesses.
    • Zoned CB‑1, Pinal County.
    • Built in 2006.

    Overview

    This property, constructed in 2006, features a building size of approximately 7,463 square feet. It was previously used as a boutique gym and includes men’s and women’s locker rooms, shower facilities, and steam rooms. The property has reserved parking, including 6 covered spaces. It is zoned CB-1, Pinal County, with APN 104-12-065. Annual increases and T.I. packages are negotiable.

    Local Financial Insights For Office B

    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 $173.7k $23.28
    − Vacancy −$36.5k −$4.89
    EGI $137.3k $18.39
    − OpEx −$34.3k −$4.60
    NOI $102.9k $13.79
    7,463 SF · lease $23.28/SF/yr · vacancy 21.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.47M
    $1.29M – $1.72M (±1% cap)
    NOI $102,940 @ 7.0% cap · market cap 8.12%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.06M
    $1.81M – $2.41M (±1% cap)
    NOI $144,426 @ 7.0% cap · market cap 11.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Golden Heating And Cooling ... Hardware & Home Improvement Giarry's Industrial Heating ... Hardware & Home Improvement Alaska Structures Rental Equipment Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gold Canyon
    County
    Pinal
    State
    Arizona
    Longitude
    -111.459
    Latitude
    33.3536

    FAQs

    What type of property is this?
    Office building - 7,463 SF building previously used as a boutique gym.
    Where is this office building located?
    The property is located at 6772 S Kings Ranch Rd Gold Canyon, AZ.
    What is the asking price?
    The asking price for this property is $1,267,000.
    What are key features of this property?
    This property features: Large ±7,463 SF building size suitable for various business operations.; Includes **men’s and women’s locker rooms, shower facilities and steam rooms**.; Reserved parking with **6 covered spaces**.
    (602) 300-4112 Call to check price and availability
    More about this property
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