6822 S Kings Ranch Rd - Retail FOR SALE


Gold Canyon, AZ 85118
$2,400,000 USD
602-687-6652
6822 S Kings Ranch Rd, Gold Canyon, AZ for Sale
$2,400,000 USD
Retail - FOR SALE
1/4
null | 7.01% Cap Rate

6822 S Kings Ranch Rd
Gold Canyon, AZ 85118


HIGHLIGHTS

  • 9-Year Weighted Average Lease Term
  • Built-In Annual Rent Increases | Café: 5% | Gym: 3%
  • 10-Year Sale-Leaseback | 14-Year Operating History at This Location
  • Limited Local Competition

OVERVIEW

This offering presents the opportunity to acquire a 100% leased, two-tenant retail property in the growing community of Gold Canyon, Arizona. Built in 2007, the property is anchored by a well-established fitness operator occupying approximately 80% of the building and complemented by a café tenant. The anchor tenant, which has successfully operated at this location for more than 14 years, is offering the property as part of a sale-leaseback transaction and will execute a new 10- year lease at closing, demonstrating its long-term commitment to the location. The café tenant is currently operating under a 5-year lease and is in the process of extending its lease term to 10 years. Located at 6822 S. Kings Ranch Road, the property benefits from a prominent position along Gold Canyon's primary commercial corridor, serving a growing and affluent residential community with limited retail competition. The combination of established tenancy, long-term lease commitments, and a strategic location makes this an attractive opportunity for investors seeking stable, durable cash flow.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg H

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

CB-1/TR, County

APN/PARCEL ID

104-12-001P

ASK ABOUT THIS PROPERTY

Tyson MaceMarcus & MillichapMore Info
602-687-6652

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

Tyson MaceMarcus & MillichapMore Info
602-687-6652

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