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Del Crest Center 4701-4729 SE 15th St 55,563 SF 100% Leased Retail Building Oklahoma City, OK 73115 $9,450,000 ($170.08/SF) 7.60% Cap Rate
Investment Highlights
- Harbor Freight Ranks in the Top 8% Nationality
- New On and Off Ramps
- New 10-Yr Leases with Boot Barn & Harbor Freight
- I-40 Expanded to 6-Lanes (80,000+Vehicales Per Day)
- BioLifeInvestment: $4.5M
- 80% of Rent is Corporate and 30% Investment Grade
Executive Summary
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.
Property Facts
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 12,900 SF
- $16.00
- Triple Net
- Jan 2032
BioLife Plasma Services began in 2002 as a plasma collection business and is now part of Takeda's plasma-derived therapies platform. The company operates plasma donation centers across the United States and collects plasma used to make medicines for people living with rare and complex conditions. The company's work focuses on safe donation, donor care, and a network that supplies plasma for multiple therapies. BioLife serves as Takeda's global plasma donation network, and Takeda continues to invest in plasma-derived therapies and collection capacity.
- Boot Barn
- Retailer
- 9,180 SF
- $14.75
- Triple Net
- Mar 2034
-
- Retailer
- 16,083 SF
- $16.22
- Triple Net
- May 2035
Harbor Freight Tools began as a mail-order tool business in Southern California in 1977 and has since expanded into a retail and e-commerce company serving customers across the United States. The company sells a wide assortment of tools and equipment, including automotive products, hand tools, power tools, storage solutions, outdoor power equipment, generators, welding supplies, and shop equipment. Harbor Freight has built its business around value-focused sourcing and direct retail distribution, with stores supported by online shopping and customer support services. The business remains centered on serving DIY users, tradespeople, and other customers who need practical tools and equipment for everyday projects.
- Metro T-Mobile
- Retailer
- 1,400 SF
- $22.47
- Triple Net
- Apr 2030
-
- Services
- 16,000 SF
- $9.90
- Triple Net
- Jan 2032
At Peak Fitness, they are all about bettering the lives and health of the community. They’ve created a gym where you can feel like you belong. Their locally owned gym has a community feel while still offering state of the art equipment. They are the only place in Shawnee with certified personal trainers, arsenal equipment, saunas, a smoothie bar, and regular welcoming classes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 12,900 SF | $16.00 | Triple Net | Jan 2032 | |
| Boot Barn | Retailer | 9,180 SF | $14.75 | Triple Net | Mar 2034 | |
|
|
Retailer | 16,083 SF | $16.22 | Triple Net | May 2035 | |
| Metro T-Mobile | Retailer | 1,400 SF | $22.47 | Triple Net | Apr 2030 | |
|
|
Services | 16,000 SF | $9.90 | Triple Net | Jan 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,039,135 | |
| Land Assessment | $244,089 | Total Assessment | $1,283,224 |
Property Taxes
Contact the Sale Advisor
Del Crest Center | 4701-4729 SE 15th St