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Del Crest Center 4701 South East 15th Street, Oklahoma City, Oklahoma

4701 SE 15th St, Del City, Oklahoma, 73115

Property Highlights

    • Harbor Freight Ranks in the Top 8% Nationality
    • I-40 Expanded to 6-Lanes (80,000+Vehicales Per Day)
    • New On and Off Ramps
    • BioLife Investment: $4.5M
    • New 10-Yr Leases with Boot Barn & Harbor Freight
    • 80% of Rent is Corporate and 30% Investment Grade

Property Details

  • Price: $9,450,000
  • Cap Rate: 7.6%
  • Lot Size: 4.4 AC

Property Description

HMX Realty Advisors exclusively presents for sale a well-established, five-tenant shopping center strategically located at the highly visible on and off ramps of Interstate 40, benefiting from a traffic count of 82,000 vehicles per day.80% of the income is from National Credit Tenants. The property is near the 1# Walmart Supercenter in Oklahoma as well as Home Depot. It is on SE 15th Street, a major retail corridor with easy access to a significant collection of national retailers. Academy Sports, Hobby Lobby, Burlington Coat Factory, Chick-fil-A, Wendy’s, Olive Garden, Murphy USA, and Mo’ Bettah are all nearby.

It benefits from the “Tinker Effect” with a 2.5-mile proximity to Tinker Air Force Base, the nation’s largest maintenance, repair, and overhaul (MRO) facility. Tinker’s strategic importance is reinforced by its selection as the exclusive maintenance hub for the next-generation B-21 Raider stealth bomber, a decades-long assignment based on the base’s unrivaled industrial expertise. Further cementing its future, the base recently underwent a 131-acre expansion to accommodate 1,000 new jobs for Northrop Grumman and Lockheed Martin. As of 2026, the base supports 30,000 direct employees and 33,000 secondary personnel. Major private-sector neighbors include Boeing, the city’s largest private aerospace employer (~3,500+ employees) and Pratt & Whitney, which operates a brand-new 845,000-square-foot engine facility for the F-35 and B-52 (opened Oct 2024). Del Crest serves as a primary retail hub for this massive workforce, which generates a total annual economic impact of $7.5 billion up from 4.5 billion in 2023.

Strong National Brands: Approximately 80% of the shopping center’s income is derived from national corporate tenants and 31% is investment grade

Strategic Location & Accessibility: Near the #1 Walmart Supercenter in Oklahoma and I40 with 82,000 Vehicles per day

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income$0.00$0.00
Less Debt Service$0$0
Potential Net Cash Flow$0.00$0.00
Cash on Cash Return0.00 %0.00 %
Capitalization Rate0.00 %0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

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