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6009 NW Expressway St 31,620 SF Specialty Building Offered at $3,081,847 CAD at a 7.02% Cap Rate in Oklahoma City, OK 73132
Investment Highlights
- The property is located on Northwest Expressway, the busiest non-interstate roadway in Oklahoma City, offering high visibility and accessibility.
- This event/wedding venue includes on site parking, providing ample convenience for guests and tenants.
- It features a beautiful event and wedding venue designed to accommodate a wide range of gatherings.
- The wedding center business is included in sale or wedding center could be closed down with current owners refunding deposits held.
Executive Summary
Price reduced to $2,250,000! Tax value $2,500,000
12 year old TPO roof.
Parking lot re-surfaced 1 year ago.
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 event center could be closed if the new owners have a different vision for the property
and refunds given by current owners.
The child care is in a different part of building and is available for lease as child care center or private school, etc
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.
12 year old TPO roof.
Parking lot re-surfaced 1 year ago.
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 event center could be closed if the new owners have a different vision for the property
and refunds given by current owners.
The child care is in a different part of building and is available for lease as child care center or private school, etc
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.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$344,449
|
$10.89
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$344,449
|
$10.89
|
| Taxes |
$36,767
|
$1.16
|
| Operating Expenses |
$91,593
|
$2.90
|
| Total Expenses |
$128,360
|
$4.06
|
| Net Operating Income |
$216,090
|
$6.83
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $344,449 |
| Annual Per SF | $10.89 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $344,449 |
| Annual Per SF | $10.89 |
| Taxes (CAD) | |
|---|---|
| Annual | $36,767 |
| Annual Per SF | $1.16 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $91,593 |
| Annual Per SF | $2.90 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $128,360 |
| Annual Per SF | $4.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $216,090 |
| Annual Per SF | $6.83 |
Property Facts
Amenities
- Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 145201015 | Total Assessment | $315,373 CAD (2025) |
| Land Assessment | $82,151 CAD (2025) | Annual Taxes | $36,767 CAD ($1.16 CAD/SF) |
| Improvements Assessment | $233,222 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
145201015
Land Assessment
$82,151 CAD (2025)
Improvements Assessment
$233,222 CAD (2025)
Total Assessment
$315,373 CAD (2025)
Annual Taxes
$36,767 CAD ($1.16 CAD/SF)
Tax Year
2024
1 of 93
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Presented by
Harry Smith
6009 NW Expressway St
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