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4848 NW Expressway St
Oklahoma City, OK 73132
3 Strands Vintage · Retail Property For Sale
Executive Summary
Cap Rate: 8.18%. NOI: $421,500. Highest Traffic Count in OKC: NW Expressway has the highest traffic count of any arterial street in Oklahoma City with over 55,000 VPD.
Recent Trader Joe’s Opening: Trader Joe’s recently opened their second store in Oklahoma City 1.5 miles from the subject property at NW Expressway and Rockwell Ave
Dense Residential Area: 110,000+ Households within a 5-mile Radius. 3 Strands Vintage Antique Mall is a 35,000 SF shopping destination with over 120 unique vendors. The mall offers a “treasure hunt” type atmosphere with vendors rotating their inventory constantly. The business was opened by Cindy & Dusty Gardner in January of 2024 and are highly involved in the daily operations. Their focus has been on the community and charity, notably giving a percentage of their sales to the Toby Keith Foundation’s OK Kids Korral.
Recent Trader Joe’s Opening: Trader Joe’s recently opened their second store in Oklahoma City 1.5 miles from the subject property at NW Expressway and Rockwell Ave
Dense Residential Area: 110,000+ Households within a 5-mile Radius. 3 Strands Vintage Antique Mall is a 35,000 SF shopping destination with over 120 unique vendors. The mall offers a “treasure hunt” type atmosphere with vendors rotating their inventory constantly. The business was opened by Cindy & Dusty Gardner in January of 2024 and are highly involved in the daily operations. Their focus has been on the community and charity, notably giving a percentage of their sales to the Toby Keith Foundation’s OK Kids Korral.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
35,000 SF
Building Class
B
Year Built
1996
Price
$5,150,000
Price Per SF
$147.14
Cap Rate
8.18%
NOI
$421,500
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.23
Lot Size
3.45 AC
Zoning
PUD
Parking
212 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
507’ on Northwest Expy
Amenities
- Freeway Visibility
- Pylon Sign
Property Taxes
| Parcel Number | 147882010 | Improvements Assessment | $205,489 |
| Land Assessment | $111,469 | Total Assessment | $316,958 |
Property Taxes
Parcel Number
147882010
Land Assessment
$111,469
Improvements Assessment
$205,489
Total Assessment
$316,958
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3 Strands Vintage | 4848 NW Expressway St