530 Running W Dr - Health Care FOR SALE


Gillette, WY 82718
$1,500,000 USD
801-869-8098
530 Running W Dr, Gillette, WY for Sale
$1,500,000 USD
Health Care - FOR SALE
1/6
null | 6.4% Cap Rate

530 Running W Dr
Gillette, WY 82718


OVERVIEW

• Location: 530 Running W Drive Suite 100, Gillette WY 82718 o Located directly across the street from the Campbell County Rec Center, and very close to 2 high schools, middle schools and elementary schools. It is also surrounded by a retail plaza and other healthcare spaces • Built-in Advertising o The office faces Enzi Drive, a main road that goes through the Gillette. Easy to see from the road • Major Tax Advantages of Wyoming o Zero state income tax (no corporate income tax, no personal income tax, and no gross receipts tax) o Abnormally Low property taxes ? Some of the lowest rates in the country (about 0.53%) with a 9.5% Commercial assessment rate • 3,600 SF • $1,500,000 price at a 6.4% cap rate • Tenant is part of SDB (Specialty Dental Brand), a nationally recognized Dental group. • NOI $96,000 per year / $8,000 per month • 7 Year NNN Lease with 3% annual increases. LED 12/31/2033 with renewal options until 2039 • The current HOA maintenance makes for a passive ownership structure.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

530 Running W Dr Suite 100

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,000 SF

ZONING

C1/PUD

APN/PARCEL ID

R0059909,R0059910,R0059911

ASK ABOUT THIS PROPERTY

Cole BenneeCBREMore Info
801-869-8098

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Cole BenneeCBREMore Info
801-869-8098

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