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    Property profile & analytics
    OFF-MARKET Estimated value $990,000
    Strip malls

    9120 Macarthur Blvd, Oklahoma City, OK 73132-2419

    26,100 SF 1.89 ac lot Built 1975
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US69-0299710
    Property summary
    AI-generated overview

    Newport Shopping Center, located at 9120 N MacArthur Blvd, Oklahoma City, OK 73132, presents a unique opportunity for retail businesses. This fully renovated, 26,390 square foot multi-tenant shopping center boasts a sleek, contemporary design featuring enhanced signage and increased exterior glass. The property is ideally situated in a high-traffic area, experiencing over 20,000 cars daily, providing excellent visibility and accessibility. Its prime location offers immediate proximity to Hefner Middle School and Wiley Post Elementary, surrounded by a dense residential population with five multi-family complexes within a single block. The center's convenient access to Lake Hefner, Lakeshore Park, Hefner Parkway, NW Expressway, and I-40 further enhances its appeal. Individual spaces are available from a minimum of 900 square feet, with the potential to lease the entire 26,390 square feet contiguously. Currently, the entire 26,390 square feet is vacant, offering a blank canvas for a diverse range of retail concepts. This exceptional location and recent renovations make Newport Shopping Center an attractive investment opportunity in a thriving Oklahoma City neighborhood. The property is located in Oklahoma County.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1975
    Construction CONCRETE BLOCKS
    Total area 26,100 SF
    Lot 1.89 ac (82,111 SF)
    APN 14-061-1028
    UPID US69-0299710
    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
    • Newport Center Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $642k
    Blend (final) Blend
    $990k
    Owner & transaction history
    Ae Newport LLC · 3 yrs held
    Ae Newport LLC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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