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Unit Size: 2,900 SF
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Condo Use: Office
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Price: Price Upon Request
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Sale Type: Investment or Owner User
Description
This ±2,900-square-foot commercial condominium presents a flexible owner-user or business acquisition opportunity in McKinney. 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.
Sale Notes
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.