Oklahoma City Retail Strip
For Sale
Contact for pricing
1709 North Portland Avenue, Oklahoma City, OK 73107
Established retail center in Oklahoma City's West/Central submarket.
Property Size23,823 SF
Lot Size1.85 Acres
Price / SF$83.95
Days on Market296
Property Features for 1709 North Portland Avenue
General Information
Standard status
Active
Size
23,823 SF
Class
C
Total Parking Spaces
120
Lot size
1.85 Acres
Property subtype
Retail
Zoning
C-3 Community Commercial
Occupancy
100%
Lease Type
Modified
Investment Type
Stabilized
Net Operating Income
$191,080
Building Details
Year Built
1954
Year Renovated
2021
Buildings
1
Stories
1
Units
8
Tenancy
Multi
Listing Agency:
Horner McClure & Associates
(405) 408-4329
Listed By:
Jake McClure · License #OK 177330
Source:
Crexi
Added: Oct 18, 2025
Changed: Aug 8
Last Checked: Aug 8 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horner McClure & Associates
Investment Insights
Based on property information with market context.
Portland Shops is a 28,823 SF neighborhood strip center located in Oklahoma City’s West/Central submarket. Situated on a 1.85-acre lot along N Portland Avenue, this established retail center offers an opportunity to acquire scale. Originally constructed in 1954 and renovated in 2013, the property is positioned in an area that continues to demonstrate steady leasing fundamentals with over 151,000 SF leased in the past 12 months and strong transaction velocity totaling $34.9M in sales volume. With limited new construction and stable cap rates, the area remains attractive for value-add retail investors. Market asking rents in the submarket average $1.30/SF, providing upside potential through lease-up and rent growth strategies. Portland Shops presents an opportunity to acquire a well-located strip center, offering both immediate income potential and long-term value appreciation in one of Oklahoma City’s established retail corridors significantly below the current West/Central market average sale price of $131/SF, creating immediate value positioning.
Key Highlights
- Offered significantly below market value at $76.33/SF compared to the West/Central market average of $131/SF.
- Located in Oklahoma City's West/Central submarket, which demonstrates strong leasing fundamentals.
- Value‑add opportunity with upside potential through lease‑up and rent growth strategies.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
OnCue Express
Shops & Services
16,945 visits/mo
0.3 miles
Demographics for 73107, OK
26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
Median Home Value
Market
Vacancy Rate% for Retail in Oklahoma City, OK
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Established retail center in Oklahoma City's West/Central submarket.
Where is this strip mall located?
The property is located at 1709 North Portland Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Offered significantly below market value at $76.33/SF compared to the West/Central market average of $131/SF.; Located in Oklahoma City's West/Central submarket, which demonstrates strong leasing fundamentals.; Value‑add opportunity with upside potential through lease‑up and rent growth strategies.
