5919 NW Expressway - Freestanding FOR SALE


Oklahoma City, OK 73132
$3,500,000 USD
405-330-0009
5919 NW Expressway, Oklahoma City, OK for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

5919 NW Expressway
Oklahoma City, OK 73132


HIGHLIGHTS

  • Exceptional Retail Exposure
  • High-Volume Traffic
  • Partially Stabilized Income
  • Defined Value-Add Play
  • Affluent Trade Area
  • Owner-User Opportunity

OVERVIEW

This property, located at 5939 and 5959 NW Expressway, Oklahoma City, OK 73132, is a strategically positioned retail asset offering investors and owner-users the opportunity to secure a high-exposure location on a premier Oklahoma City corridor. Established Income Stream & Immediate Upside: The property is currently partially stabilized with two spaces now occupied, providing an immediate, in-place cash flow. The remaining vacancy offers a clear and defined value-add play through the execution of a lease-up strategy on the remaining space, allowing a new owner to significantly increase the Net Operating Income (NOI) and overall asset valuation. High-Volume Traffic Corridor: Located directly on NW Expressway, a critical arterial route, the property benefits from substantial Annual Average Daily Traffic (AADT) volumes. Nearby segments of the Oklahoma Highway System in Oklahoma County report AADT figures well over 100,000 vehicles per day, ensuring exceptional visibility and consistent customer draw to this retail destination. Affluent & Growing Trade Area Demographics (73132): The surrounding zip code features highly favorable retail demographics. Median Household Income: At approximately $70,499, the median household income is approximately 80% of the Oklahoma City Metro Area, supporting consumer spending for retail goods and services. Education: Over 31.5% of the population holds at least a college degree. Housing Value: The median house value is strong at $201,054.0. Population Density: The area sustains a dense population of over 3,653 people per square mile. Exceptional Real Estate Fundamentals: The site features 177 FT of superior frontage with prominent pylon signage, providing an excellent branding opportunity. The 2.70 AC site with C-3 commercial zoning is ideal for large-format retail, showroom, or potential redevelopment/adaptive reuse (subject to municipal approval). Owner/User Flexibility: The existing structure includes 18,296 SF of space available for an owner-user, offering a unique opportunity for a business to establish a high-profile flagship location while benefiting from income generated by the in-place tenancy.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5959 NW Expressway Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

C-3

APN/PARCEL ID

144508110

ASK ABOUT THIS PROPERTY

Sabih KalidyKalidy, LLCMore Info
405-330-0009

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Sabih KalidyKalidy, LLCMore Info
405-330-0009

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