PHOENIX, ARIZONA (Feb. 23, 2023) – NAI Horizon’s Church Realty Solutions practice represented the buyer in acquiring a well-known Phoenix Baptist church that opened in the 1970s.
NAI Horizon Senior Vice President Thomas Smith represented Phoenix Chin Bethel Church in the $1 million acquisition of a church property at 3314 W. Rose Lane in Phoenix. Most recently, it was the Korean New Life Presbyterian Church.
“The acquisition of the church facilities will enable Phoenix Chin Bethel Church to have space to accommodate significant expansion of its church as well as now having a location in and around their Chin community,” Thomas said. “This transaction was an excellent example of having a team committed to helping a client purchase their ideal property.
“It began with great customer service by MidFirst Bank (Gregory Simpson), solid work by the three different engineering consultants, tireless efforts from our escrow and title team from Old Republic, and a cooperative seller's broker. All collaborated to overcome obstacles and bring the deal to a successful closing,” Smith said.
The church property features a kitchen, security lighting, a security gate, dual street frontage, landscaping, and a building sign. The parking lot, which is fenced and paved, totals 75 spaces.
It sits on a 1.54-acre corner lot near the cross streets of 35th Avenue and Bethany Home Road. The property, built in 1973, totals 11,503 SF. It is less than one mile from the growing Grand Canyon University campus.
The sanctuary has seating for about 280 parishioners. The large fellowship hall and the attached kitchen allow for large functions. The education building (north building) provides ample classroom space for adult or child education.
“For me, the Church Realty Solutions practice is part business and part ministry and serves as my driving purpose to create and deliver world-class professional real estate services to communities of faith,” Smith said.
The seller was the First Southern Baptist Church of Phoenix. Earle Schroyer assisted in the transaction through an executive referral.