Multi-Tenant Retail and Office
6636 NW 39th Expressway Bethany, OK 73008
For Sale
$950,000
SINGLE_FAMILY - Bethany, OK
Property Size7,125 SF
Lot Size0.18 Acres
Price / SF$133.33
Days on Market9
Property Features for 6636 NW 39th Expressway
General Information
Property type
Residential
Property subtype
Office
Zoning
Commercial
Standard status
Active
APN
6636NW39th11073008
Size
7,125 SF
Lot size
0.18 Acres
Building Details
Year built
1910
Floors in Building
1
Listing Agency:
LRE Realty, LLC
(405) 285-5750
Listed By:
Tara Levinson · License #145328
(405) 414-8750
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 29 at 10:06PM
MLS# 1238622
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Investment Insights
Based on property information with market context.
This 7,125 SF, single-story masonry multi-tenant commercial building is designed for separation between units, with structural firewalls dividing the space. The layout includes a primary office suite with multiple offices, a conference room, kitchen, and common area/reception, plus a second group of offices toward the rear and updated men’s and women’s restrooms. A ~200 SF detached rear storage building adds practical back-of-house space, and the property is equipped with a Vivint security system.
Set on an 8,013 SF zero-lot-line lot with Commercial zoning and no minimum setback requirements under CBD zoning, the building is positioned directly across from the Southern Nazarene University (SNU) campus along the Historic Route 66 corridor right off the NW 39th Expressway. The property is described as having 24,000+ daily vehicles and being steps from the Route 66 Visitor Center, with 10 dedicated parking spaces (5 in front and 5 in back).
The current tenant mix includes a front-facing hair salon, a massage therapy clinic, a specialized pet grooming space with a professional dog-washing station, and a custom barber/beard shop with private rear entry. There is also a flexible front rental area used by a local Bible college for monthly meetings, with service businesses currently operating on-site. The building is connected to OG&E electric, City of Bethany water, and ONG gas.
Set on an 8,013 SF zero-lot-line lot with Commercial zoning and no minimum setback requirements under CBD zoning, the building is positioned directly across from the Southern Nazarene University (SNU) campus along the Historic Route 66 corridor right off the NW 39th Expressway. The property is described as having 24,000+ daily vehicles and being steps from the Route 66 Visitor Center, with 10 dedicated parking spaces (5 in front and 5 in back).
The current tenant mix includes a front-facing hair salon, a massage therapy clinic, a specialized pet grooming space with a professional dog-washing station, and a custom barber/beard shop with private rear entry. There is also a flexible front rental area used by a local Bible college for monthly meetings, with service businesses currently operating on-site. The building is connected to OG&E electric, City of Bethany water, and ONG gas.
Key Highlights
- 7,125 SF, 1‑story masonry multi‑tenant building built in 1910 on an 8,013 SF zero‑lot‑line lot
- Central Business District (CBD) zoning with no minimum setback requirements
- Structural firewalls separating units plus multiple updated men’s and women’s restrooms
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.8k | $16.68 |
| − Vacancy | −$11.4k | −$1.60 |
| EGI | $107.4k | $15.08 |
| − OpEx | −$26.9k | −$3.77 |
| NOI | $80.6k | $11.31 |
7,125 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.34M
NOI $80,577 @ 7.0% cap · market cap 8.48%
Second Best
Retail
$1.07M
$940.1K – $1.25M
NOI $75,205 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,880 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Single-story masonry multi-tenant building with structural firewalls, 10 dedicated parking spaces, and a detached storage building.
Where is this office building located?
The property is located at 6636 NW 39th Expressway Bethany, OK.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,125 SF, 1‑story masonry multi‑tenant building built in 1910 on an 8,013 SF zero‑lot‑line lot; Central Business District (CBD) zoning with no minimum setback requirements; Structural firewalls separating units plus multiple updated men’s and women’s restrooms
