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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3315 Expressway Oklahoma City, OK 73112

54,573 SF Built 1961
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1961
Total area 54,573 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chipotle Mexican Grill Restaurant
  • Beverly's Pancake House Restaurant
  • RACC Acceptance Interior Design
  • Conn's HomePlus Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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