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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.

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

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • 3 Strand Vintage Antique Mall
  • Retailer
  • -
  • -
  • Mar 2025
Tenant Industry SF Occupied Rent/SF Lease End
3 Strand Vintage Antique Mall Retailer - - Mar 2025
Fairly walkable
50/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
40/100

Nearby Major Retailers

Bank of Montreal
Prosperity Bank
Starbucks
Scooter's Coffee
Walmart Neighborhood Market
Natural Grocers
Planet Fitness
Jason's Deli
Zaxby's
MidFirst Bank

Property Taxes

Property Taxes

Parcel Number
147882010
Land Assessment
$111,469
Improvements Assessment
$205,489
Total Assessment
$316,958
  • Listing ID: 39960248

  • Date on Market: 3/30/2026

  • Last Updated:

  • Address: 4848 NW Expressway St, Oklahoma City, OK 73132

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