9120-9146 N Macarthur Blvd - Freestanding FOR SALE


Oklahoma City, OK 73132- Lakeaire
$2,900,000 USD
405-510-0079
9120-9146 N Macarthur Blvd, Oklahoma City, OK for Sale
$2,900,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

9120-9146 N Macarthur Blvd
Oklahoma City, OK 73132
Lakeaire


HIGHLIGHTS

  • Attractive Price Point | Priced well below replacement cost, offering immediate equity potential.
  • High-Traffic Location | Just off Northwest Expressway, one of OKC’s busiest commercial corridors.
  • Strong Physical Condition | Well-maintained exterior, signage, and parking lot with no major deferred maintenance.
  • Flexible Space Options | Multiple vacant suites allow for creative leasing strategies and diverse tenant mix.
  • Lake Hefner Proximity | Located near golf, trails, and waterfront dining— driving consistent area traffic.
  • Below Market Rents | Existing leases offer upside potential through future rent increases and re-tenanting.

OVERVIEW

Newport Shopping Center presents a compelling opportunity for investors seeking a well-located retail property priced below replacement cost. Positioned just off Northwest Expressway and one block from Lake Hefner, the center sits in the path of consistent traffic with strong surrounding demographics and dense residential neighborhoods. The property is clean, well-maintained, and offers excellent curb appeal, access, and parking. Existing tenants include two local restaurants, a laundromat, and a dog grooming business, providing a base of activity and daily-use traffic. Currently, 61% occupied, the center offers immediate upside through new leasing and tenant repositioning. The pricing reflects this, creating a rare chance to acquire a retail asset with built-in potential at an attractive basis. With solid physical condition, strong visibility, and an underutilized footprint, Newport Shopping Center is a smart investment for buyers looking to capture long-term upside in an established and growing corridor.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newport Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

115

LAND DETAILS

CROSS STREETS

92nd Street

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

Commerical

APN/PARCEL ID

140611028

ASK ABOUT THIS PROPERTY

AJ TolbertCreek CREMore Info
405-510-0079

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AJ TolbertCreek CREMore Info
405-510-0079

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