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Firewalled Multi-Tenant Office Building
For Sale
$950,000

110-6636 Nw 39th Expy, Bethany, OK 73008

Well-maintained 1-story masonry building with structural firewalls, dedicated parking, and multiple office and restroom areas.

Property Size7,125 SF
Lot Size0.18 Acres
Price / SF$133.33
Days on Market98

Property Features for 110-6636 Nw 39th Expy

General Information

Standard status Active
Size 7,125 SF
Total Parking Spaces 10
Lot size 0.18 Acres
Zoning CBD

Site & Location

Traffic Count 24,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

security system
storage building
conference room
kitchen
updated restrooms

Building Details

Stories 1
Construction masonry
Tenancy Multi
Listing Agency: LRE Realty, LLC
Listed By: Tara Levinson · License #145328
Source: Exprealty
Added: Jul 21 Changed: Oct 25 Last Checked: Oct 24 at 9:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LRE Realty, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This well-maintained, 1-story masonry multi-tenant commercial property offers a functional mix of office and common support spaces, with structural firewalls separating the units. The building includes a primary office suite with five offices, a conference room, a kitchen, and a common area/reception, along with a second set of five offices toward the rear and multiple updated men’s and women’s restrooms. A durable roof is listed as under 10 years old, and the property includes a ~200 SF detached rear storage building. Dedicated parking is set up with 10 spaces (5 in front and 5 in back), and a Vivint security system is noted.

Located directly across from the Southern Nazarene University (SNU) campus along the major NW 39th Expressway corridor (Historic Route 66), the property is described as positioned just steps from the Route 66 Visitor Center. The remarks cite 24,000+ daily vehicles on the corridor. Central Business District (CBD) zoning is noted with no minimum setback requirements, and the site is described as an 8,013 SF zero-lot-line lot.

The building currently houses service-oriented businesses, including a front hair salon, a massage therapy clinic, a specialized pet grooming space with a professional dog-washing station, a custom barber/beard shop with private rear entry, and a flexible front rental area used by a local Bible college for monthly meetings. The property is described as connected to major city utilities, including OG&E electric, City of Bethany water, and ONG gas.

Key Highlights

  • 7,125 SF, 1‑story masonry multi‑tenant commercial building with structural firewalls separating units
  • 8,013 SF zero‑lot‑line lot zoned Central Business District (CBD) with no minimum setback requirements
  • Located directly across from Southern Nazarene University (SNU) campus on the NW 39th Expressway / Historic Route 66 corridor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,577
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,611,540 $1.6M
Cap Rate 7%
$1,151,100 $1.2M
Cap Rate 9%
$895,300 $895.3K
Market Conditions
NOI Build-Up for 7,125 SF
Gross rent
$118.8K $16.68/SF
− Vacancy
−$11.4K −$1.60/SF
EGI
$107.4K $15.08/SF
− OpEx
−$26.9K −$3.77/SF
NOI
$80.6K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,611,540
Cap Rate 7%
$1,151,100
Cap Rate 9%
$895,300

Alternative Uses

Best Use
Office B
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,577 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,880 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Dental Office Big Box & Wholesale Store Parking Lot & Garage Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 73008, OK

21,592
Population
8,774
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
2,879
Density / Sq Mi
$55,981
Median Household Income
$35,320
Median Earnings
$1,072
Median Rent
$163,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Well-maintained 1-story masonry building with structural firewalls, dedicated parking, and multiple office and restroom areas.
Where is this office unit located?
The property is located at 110-6636 Nw 39th Expy 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 commercial building with structural firewalls separating units; 8,013 SF zero‑lot‑line lot zoned Central Business District (CBD) with no minimum setback requirements; Located directly across from Southern Nazarene University (SNU) campus on the NW 39th Expressway / Historic Route 66 corridor
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