Value-Add High-Traffic Retail | Northwest OKC 9120-9146 N Macarthur Blvd 26,205 SF 68% Leased Retail Building Online Auction Sale Oklahoma City, OK 73132

Newport Shopping Center delivers a compelling investor opportunity, offering a multi-tenant retail center with significant value-add potential at 9120-9146 N Macarthur Boulevard in Oklahoma City. Currently 68% occupied by a diverse tenant mix at below-market rents, the opportunity provides a robust upside to fill the remaining vacancies and introduce future rent increases and re-tenanting to generate increased returns.

Newport Shopping Center, built in 1975 and fully renovated in 2020, spans a total of 26,205 square feet. Today, the property boasts durable construction with a well-maintained exterior, signage, and parking lot with no major deferred maintenance, limiting the going-in investment needed from a new owner. The center is occupied by a mix of restaurants, a pet groomer, a laundromat, and a daycare center, all anchored by a local church, producing diverse cross-traffic and allowing for creative leasing strategies.

The property enjoys a prominent location just off the Northwest Expressway (Highway 3), one of OKC’s busiest corridors. The center’s large pylon signage captures robust exposure to more than 20,000 daily vehicles along this bustling corridor. The site is neighbored by Lake Hefner and the Lake Hefner Golf Club, a vibrant destination that draws more than 1 million annual visitors. Additionally, the property sits just 4 miles from Integris Health Baptist Medical Center, providing an added built-in audience of staff, patients, and visiting families.

Newport Shopping Center is surrounded by quality residential neighborhoods, delivering a lucrative local customer base. Within 3 miles of the center, the area’s population sits above 82,000 residents, with an average household income of over $90,000 and annual consumer spending exceeding $1 billion.

OKC’s Northwest Retail Submarket presents a competitive setting that encourages new investment. Vacancies in the area sit at just 7.7%, while rents have grown approximately 2.4% during the past 12 months. With a construction pipeline sitting 62% below the 10-year average, there is strong demand for well-maintained, quality retail spaces like Newport Shopping Center.

Property tours are by appointment only. Please contact the listing broker to schedule.