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Springs Gymnastics Cheer & Dance Center Sells for $1 Million

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  • 2013 Q4 Sales Archive
  • Springs Gymnastics Cheer & Dance Center Sells for $1 Million
2013 Q4 Sales Archive
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November 13, 2013
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Karen Schutte
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9694 E Rita Commerce Drive, Tucson
9694 E Rita Commerce Drive, Tucson

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Springs Gymnastics Cheer & Dance, LLC (David Painter, owner) purchased the property where it had been a tenant at 9694 East Rita Commerce Drive in Tucson for[mepr-show rules="58038"]$1 million ($89 PSF). The 11,200-square-foot building was built in 2007 on 2.14 acres.

Springs opened in November 2001, offering gymnastic programs for students 12 months through competitive training, fun classes, and competitive teams. Springs continues to grow, with a focus on serving the East Side of Tucson, and Vail area with its staff of professional and caring instructors interested in each child's progress.

Gymnastics is a unique sport which develops strength, flexibility, balance, agility, and coordination. Not only are these qualities necessary for an aspiring gymnast, they are great stepping stones for all sports. Gymnastics also teaches children the importance of setting goals for their efforts, which is a valuable lesson at any age. Springs goal is to go above and beyond a child’s physical development.

“At Springs, we provide a positive atmosphere, where children can build confidence, independence, and respect for themselves and others,” said David Painter, the owner.

9694 E Rita Commerce Dr 2Some experts say that the greatest benefits of gymnastics training for children are physical: the amazing power, the unparalleled balance, and injury-preventing agility and grace. Other experts say that the greatest benefits are of the mind: the perseverance, the poise, the confidence, the attention to detail, the concentration. Which is right? According to Painter, "The experts at Springs know the answer. It is, without a doubt both.”

Painter, also a real estate agent with Realty Executives of Tucson represented himself in the transaction. The seller, Old Vail Properties (Robert Keeler, Trustee) was also self-represented.

For more information, Springs can be reached at (520) 664-1900.  Painter is at (520) 907-5005 and Keeler can be contacted at (520) 544-9280.[/mepr-show]

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[mepr-show rules="58038"]Sale date 10/25/2013. Springs had been a tenant in building since it was built (2007) and had an option to purchase that was renegotiated at time of sale. Buyer paid $100,000 down and financed the balance with SBA financing. APN: 141-18-5710[/mepr-show]

 

 

 

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