Shopping Strip
Southwest Fitness Plaza
6822 S Kings Ranch Rd, Gold Canyon, AZ 85118
Listing Price: $2,400,000
Investment 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.
Investment 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
Exclusively Listed By
Listing Price: $2,400,000
Investment 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
Investment 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.
Exclusively Listed By