6009 NW Expressway St - Churches FOR SALE


Oklahoma City, OK 73132
$2,750,000 USD
405-516-6104
6009 NW Expressway St, Oklahoma City, OK for Sale
$2,750,000 USD
Churches - FOR SALE
1/91
null | 5.74% Cap Rate

6009 NW Expressway St
Oklahoma City, OK 73132


HIGHLIGHTS

  • The property is located on Northwest Expressway, the busiest non-interstate roadway in Oklahoma City, offering high visibility and accessibility.
  • It features a beautiful event and wedding venue designed to accommodate a wide range of gatherings.
  • This event/wedding venue includes on site parking, providing ample convenience for guests and tenants.
  • The wedding center business is included in sale.

OVERVIEW

This 31,000-square-foot building sits on 4.25 acres with frontage along Northwest Expressway. Approximately 12,000 square feet is currently used as the Northwest Event Center, a wedding and event venue. Another 12,000 square feet is available as child care center, school, etc with about 15 classrooms. The event center features two main rooms with a combined capacity of 525 guests, as well as two additional large rooms, a spacious bridal suite, groom’s room, conference room, and a welcoming office area. One of the main rooms includes a gas fireplace, and the "Rock Garden Room" features a large stage. The building also contains six additional offices—two used by the owners and four currently vacant or used for storage. Furnishings included in the sale consist of a conference table with eight chairs, approximately 200 church chairs, 250 white event-style chairs, 35 round tables, 15 eight-foot tables, two six-foot tables, and various decorative items. This is an active, functioning wedding/event venue with about $50000 in sold events. The business and events are included in sale price. The building and event center owners are willing to assist in operating and training for 1 year. The child care is in a different part of building and is leased to child care owners for $11000 per month. The child care owners wish to stay, however, there is a clause in the lease that the lease can be terminated with 90 days notice if the building is sold. The building was built as a church so also could be used as a church. The entire building is protected by a fire sprinkler system.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

4.25 AC

LAND SF

185,130 SF

ZONING

C-3

APN/PARCEL ID

145201015

ASK ABOUT THIS PROPERTY

Harry SmithHarry SmithMore Info
405-516-6104

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Harry SmithHarry SmithMore Info
405-516-6104

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