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23472672
23472671

4701 South East 15th Street, Oklahoma City, OK 73115

DD
NY 40DE0945716
HMX Realty Advisors
RJ
NY NY 10311201830
HMX Realty Advisors
Listed by HMX Realty Advisors
$9,450,000
424 days on market
Updated 62 days ago

Del Crest Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 55,563
Net Rentable (SqFt) 55,563
Units 5
Cap Rate 7.60%
NOI $716,461
Occupancy 100%
Tenancy Multi
Brand/Tenant T-Mobile, Harbor Freight (+3)
Lease Type NNN
Lease Expiration 05/31/2035
Remaining Term 8.9
Rent Bumps Yes
Lease Options Yes
Price per SqFt $170
Broker Co-Op Yes
Class A
Year Renovated 2021
Buildings 1
Stories 1
Acreage 4.400
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Near the #1 Walmart Supercenter in Oklahoma

Marketing description

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.80% of the income is from National Credit Tenants. The property is near the 1# Walmart Supercenter in Oklahoma as well as Home Depot. It is on SE 15th Street, a major retail corridor with easy access to a significant collection of national retailers. Academy Sports, Hobby Lobby, Burlington Coat Factory, Chick-fil-A, Wendy’s, Olive Garden, Murphy USA, and Mo’ Bettahare all nearby.

It benefits from the “Tinker Effect” with a 2.5-mile proximity to Tinker Air Force Base, the nation’s largest maintenance, repair, and overhaul (MRO) facility. Tinker’s strategic importance is reinforced by its selection as the exclusive maintenance hub for the next-generation B-21 Raider stealth bomber, a decades-long assignment based on the base's unrivaled industrial expertise. Further cementing its future, the base recently underwent a 131-acre expansion to accommodate 1,000 new jobs for Northrop Grumman and Lockheed Martin. As of 2026, the base supports 30,000 direct employees and 33,000 secondary personnel. Major private-sector neighbors include Boeing, the city's largest private aerospace employer (~3,500+ employees) and Pratt & Whitney, which operates a brand-new 845,000-square-foot engine facility for the F-35 and B-52 (opened Oct 2024). Del Crest serves as a primary retail hub for this massive workforce, which generates a total annual economic impact of $7.5 billion up from 4.5 billion in 2023.

・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:Near the #1 Walmart Supercenter in Oklahoma and I-40 with 82,000 Vehicles per day

Investment highlights

• Harbor Freight Ranks in the Top 8% Nationality

• I-40 Expanded to 6-Lanes (80,000+ Vehicles Per Day)

• New On and Off Ramps

• BioLifeInvestment: $4.5M

• New 10-Yr Leases with Boot Barn & Harbor Freight

• 80% of Rent is Corporate and 30% Investment Grade

Listing Contacts

DD
NY 40DE0945716
HMX Realty Advisors
RJ
NY NY 10311201830
HMX Realty Advisors
Listed by HMX Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$716,461.00
$59,705.08/mo

Valuation Metrics

0
DSCR
7.58%
Cap Rate
7.58%
ROI

Map

Zoning

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H-C CommercialSpecial CommercialInterstate Highway Commercial
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Last updated May 15, 2026 For deeper zoning details, reports are available at Zoneomics

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