Gold Canyon Boutique Gym
For Sale
Contact for pricing
6772 S Kings Ranch Rd, Apache Junction, AZ 85118
7,463 SF building previously used as a boutique gym.
Property Size7,463 SF
Lot Size4.62 Acres
Price / SF$169.77
Days on Market1341
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
Listing Agency:
Kidder Mathews | Phoenix
(602) 300-4112
Listed By:
Bret Isbell · License #BR549336000
(602) 300-4112
Source:
Moodyscre
Added: Nov 29, 2022
Changed: Jul 10
Last Checked: Jul 21 at 8:25AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
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
NOI $144,426 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 85118, AZ
13,044
Population
9,042
Households
1.4
Avg Household Size
66
Median Age
38%
College-Educated
94%
High-School Grad
148.7 sq mi
ZIP Area
88
Density / Sq Mi
$82,856
Median Household Income
$47,621
Median Earnings
$1,244
Median Rent
$447,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
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 Apache Junction, 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**.
