3315 Expressway Oklahoma City, OK 73112
- Retail properties
- 54,573 SF
Current Use by Public Records
- Chipotle Mexican Grill / Mexican Restaurant / Caterer
- Beverly's Pancake House / Breakfast Restaurant / Restaurant
- RACC Acceptance / Furniture Rental Service
- Conn's HomePlus / Furniture Store / Electronics Store
Property Details for 3315 Expressway
- Year built
- 1961
- Property size
- 54,573 SF
- Property type
- Retail properties
Description
Midland Center presents a compelling investment opportunity in a thriving retail location. This 54,573 square foot center, situated on a 4.73-acre lot at the prominent intersection of NW Expressway & Independence Ave, offers a unique blend of established national tenants and available spaces. Built in 1961 and extensively renovated in 2003, the property boasts a strong tenant mix anchored by Conn's Appliances. End-cap spaces are occupied by Chipotle and Beverly's Restaurant, while additional tenants occupy freestanding pad sites. Noteworthy is the Starbucks location, constructed in 2005 and renovated in 2016, and the Panera Bread, built in 1999, remodeled and enhanced with a drive-thru in 2013. Schlotzsky's, a long-standing tenant, underwent renovations in 1997 and 2022. Currently, there are two available spaces ranging from 3,503 to 31,385 square feet, presenting a significant opportunity for expansion or new tenancy. The property's established cash flow and prime location make it an attractive investment prospect for discerning buyers. The substantial vacant space (34,888 sq ft) offers potential for significant value enhancement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5754
- Latitude
- 35.5314
