972-765-2432
3600 Eldorado Pky, McKinney, TX for Sale
Medical CONDO - FOR SALE
1/26
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3600 Eldorado Pky
McKinney, TX 75070
Allen/McKinney


HIGHLIGHTS

  • Commercial Condominium & Fitness Business Opportunity 3-ACQUISITION OPTIONS: PROPERTY, EQUIPMENT & BUSINESS
  • ±2,900 SF Owner-User Commercial Condominium
  • Established 12-Year Boutique Gym Operation with 45-Piece Equipment and FF&E Package
  • Approximately $212,278 Replacement-Cost Benchmark Savings
  • Brand and Social Media Accounts Available; High-End Fitness and Operational Buildout
  • 60 One-Year Memberships at $75 Monthly; $4,500 in Scheduled Monthly Membership Dues

OVERVIEW

M&D CRE is pleased to present a flexible owner-user opportunity or business acquisition at 3600 Eldorado Parkway. Currently configured for The Gym McKinney, the space features an expansive training floor, extensive mirrors, carpet-tile flooring, private office and consultation rooms, a therapy or treatment room, kitchen and laundry areas, restroom, custom quartz reception bar with illuminated built-ins, and front and rear access. The offering is available through three acquisition structures: property only; property with approximately 45 commercial fitness and therapy equipment pieces plus FF&E; or a complete business package including the equipment, FF&E, The Gym McKinney brand, social media accounts and 60 owner-reported one-year membership contracts billed at $75 per month. The existing memberships represent $4,500 in scheduled monthly dues and an annualized equivalent of $54,000, assuming all memberships remain active and collectible. The owner reports that the business model is designed to support up to 400 members, compared with the current 60-member base and a prior comfortable operating level of approximately 200 members. At $75 per month, 400 memberships would represent approximately $30,000 in scheduled monthly dues. The existing buildout supports continued fitness operations and may also accommodate physical therapy, rehabilitation, chiropractic, wellness, personal training or professional-service concepts, subject to applicable approvals. Equipment, membership, business and financial information is subject to purchaser review and verification.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Health Club

TOTAL BUILDING SIZE

2,900 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

PD - Planned Development

APN/PARCEL ID

R-11025-00D-0010-1,R-11025-00D-0040-1

ASK ABOUT THIS PROPERTY

Chris HargraveM&D CREMore Info
972-765-2432

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Chris HargraveM&D CREMore Info
972-765-2432

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.