6009 Expressway St, Oklahoma City, OK 73132
31,620 SF Specialty Building Offered at $2,850,000 at a 7.23% Cap Rate in Oklahoma City, OK 73132
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,850,000
- Property Type
-
Specialty
- Square Feet
- 31,620 SF
- Price / Square Foot
- $90
Listing Contacts
Harry Smith
Verified Profile
- Property Info
Property Overview
Great investment opportunity. Building is a well-established pillar within the community. Serves as church, community event center, weddings, sweet 16’s and much more. Event Center approximately approximately 12000 sq ft and has capacity of 525 with large parking lot. Easy access to interstate 40, and I-44. The building also includes a large approximately 12000 sq ft operating daycare/learning center leased through 2025 with mutual options to renew.
Includes church and event center furnishings 200 church style chairs, 250 event type chairs, about 35 round tables, about 15 8" rectangle tables, 2 6" rectangle tables, and misc desks and decorations. Conference room includes conference table with 8 chairs.
Includes church and event center furnishings 200 church style chairs, 250 event type chairs, about 35 round tables, about 15 8" rectangle tables, 2 6" rectangle tables, and misc desks and decorations. Conference room includes conference table with 8 chairs.
Property Details
- Class
- C
- Year Built/Renovated
- 1969/2020
- Stories
- 1
- Property Subtype
- Religious Facility, School
- Lot Size (sq. ft)
- 185,130 SF
Highlights
- Located on busiest non interstate road in Oklahoma City
- Large parking lot re-surfaced 2023
- Multi-use building with large commercial child care, operating Church and Wedding and Event Center.
- Fully leased with rent increases each year and mutual options.
- Includes sale of Northwest Event Center business and furnishings. Much upside potential in event center business.
- Current owner will continue to operate event center and assist in training at new owners request
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