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Del Crest Center 4701-4729 SE 15th St 55,563 SF 100% Leased Retail Building Oklahoma City, OK 73115 $12,981,654 CAD ($233.64 CAD/SF) 7.60% Cap Rate
Investment Highlights
- Harbor Freight Ranks in the Top 8% Nationality
- New On and Off Ramps
- New 10-Yr Leases with Boot Barn & Harbor Freight
- I-40 Expanded to 6-Lanes (80,000+Vehicales Per Day)
- BioLifeInvestment: $4.5M
- 80% of Rent is Corporate and 30% Investment Grade
Executive Summary
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 I-40 with 82,000 Vehicles per day
Property Facts
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 12,900 SF
- $21.98 CAD
- Triple Net
- Jan 2032
BioLife Plasma Services, a part of the global biopharmaceutical company Takeda, stands as a leader in plasma donation services worldwide. With the powerful mission of "changing lives together, one donation at a time," BioLife facilitates the collection of high-quality plasma, a critical component in developing life-saving therapies. Founded in 2002, BioLife Plasma Services has been at the forefront of the industry for over two decades. The company operates numerous state-of-the-art plasma collection facilities conveniently located across both the United States and Europe, ensuring a widespread and efficient donation network.
- Boot Barn
- Retailer
- 9,180 SF
- $20.26 CAD
- Triple Net
- Mar 2034
-
- Retailer
- 16,083 SF
- $22.28 CAD
- Triple Net
- May 2035
Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.
- Metro T-Mobile
- Retailer
- 1,400 SF
- $30.87 CAD
- Triple Net
- Apr 2030
-
- Services
- 16,000 SF
- $13.60 CAD
- Triple Net
- Jan 2032
At Peak Fitness, they are all about bettering the lives and health of the community. They’ve created a gym where you can feel like you belong. Their locally owned gym has a community feel while still offering state of the art equipment. They are the only place in Shawnee with certified personal trainers, arsenal equipment, saunas, a smoothie bar, and regular welcoming classes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 12,900 SF | $21.98 CAD | Triple Net | Jan 2032 | |
| Boot Barn | Retailer | 9,180 SF | $20.26 CAD | Triple Net | Mar 2034 | |
|
|
Retailer | 16,083 SF | $22.28 CAD | Triple Net | May 2035 | |
| Metro T-Mobile | Retailer | 1,400 SF | $30.87 CAD | Triple Net | Apr 2030 | |
|
|
Services | 16,000 SF | $13.60 CAD | Triple Net | Jan 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,427,481 CAD | |
| Land Assessment | $335,310 CAD | Total Assessment | $1,762,791 CAD |
Property Taxes
Presented by
Del Crest Center | 4701-4729 SE 15th St
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