3601 39th St, Oklahoma City, OK 73112-6309
Portland Plaza, a thriving retail center in Oklahoma County, offers exceptional opportunities for businesses seeking prime commercial space. This multi-tenant shopping center boasts a total of 76,299 square feet, with 12,392 square feet currently vacant. Spaces range from a minimum of 1,202 square feet to a maximum contiguous space of 8,417 square feet, providing flexibility for various business needs. The property enjoys a highly desirable location at the northeast corner of NW 39th Street (SH 66) and Portland Avenue, benefiting from exceptional visibility and accessibility. This strategic location is shadow-anchored by a new 84,000 square foot WinCo Foods, drawing significant foot traffic and customer base. The area is densely populated, with over 250,000 people residing within a five-mile radius, ensuring a robust customer pool. Furthermore, the property's proximity to major thoroughfares like SH 66, I-44, and Lake Hefner Parkway/SH 74 (with over 100,000 vehicles per day) guarantees high visibility and convenient access for customers. This location provides access to 85% of the Oklahoma City Metropolitan Statistical Area's population within a 10-minute drive. A new pad site is also available for redevelopment, presenting an additional opportunity for expansion or new construction. This property presents a rare chance to establish a business in a high-traffic, densely populated area with strong anchor tenants and excellent accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.