4701-4729 SE 15th St - Storefront FOR SALE


Oklahoma City, OK 73115
$9,660,000 USD
917-741-1525
4701-4729 SE 15th St, Oklahoma City, OK for Sale
$9,660,000 USD
Storefront - FOR SALE
1/11
null | 7% Cap Rate

4701-4729 SE 15th St
Oklahoma City, OK 73115


HIGHLIGHTS

  • 80% of Rent is from Corporate Tenants: Harbor Freight - Boot Barn- T-Mobile
  • 31% of Rent is Investment Grade: BioLife
  • New 10-Yr Leases with Boot Barn & Harbor Freight
  • BioLife Invested 4.5 Million and Rent Bumps by $20,700 in 2027
  • Located Between I-40 and Walmart Supercenter and Home Depot
  • Recent Metro by T-Mobile Renewal for 5-Yrs

OVERVIEW

HMX Realty Advisors exclusively presents for sale a well-established, five-tenant shopping center strategically located at the highly visible on and off ramps of Interstate 40, benefiting from a traffic count of 82,000 vehicles per day. The property is on SE 15thStreet, a major retail corridor with easy access to a significant collection of national retailers, including a top-performing Walmart Supercenter and top performing Home Depot. Academy Sports, Hobby Lobby, Burlington Coat Factory, Chick-fil-A, Wendy’s, Olive Garden, Murphy USA, and Mo’ Bettah are all nearby. Tinker Air Force Base is only 2.5 miles away and is the largest single site largest employer in Oklahoma with a payroll of 1.9 billion. Key Investment Highlights: • Strong National Brands: Approximately 80% of the shopping center's income is derived from national corporate tenants and 31% is investment grade • Strategic Location & Accessibility: The property’s is adjacent and between Interstate 40 (recently expanded to six lanes), and a Walmart Supercenter and Home Depot • Proven Tenant Performance: According to Placer.ai visit data, all tenants are performing exceptionally well, further validating the strength of this location (see pages 9-10). • Historically Strong Occupancy: This shopping center has a consistent history of high occupancy with little to no vacancy, demonstrating its enduring appeal to tenants. • Capital Improvements: New roofs and HVAC systems were recently installed, minimizing near-term capital expenditure. The property is in excellent overall condition and well maintained. • Efficient Management: All tenants contribute a 4% management fee, streamlining operational costs.

FOR SALE DETAILS

PRICE

$9,660,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Del Crest Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

387

LAND DETAILS

LAND ACRES

4.4 AC

LAND SF

191,664 SF

ZONING

HC

APN/PARCEL ID

153231067,153231070

ASK ABOUT THIS PROPERTY

Rob JamesHMX Realty AdvisorsMore Info
917-741-1525

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Rob JamesHMX Realty AdvisorsMore Info
917-741-1525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.