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Value-Add High-Traffic Retail | Northwest OKC 9120-9146 N Macarthur Blvd 26,205 SF 61% Leased Retail Building Online Auction Sale Oklahoma City, OK 73132
Matterport 3D Tours
Investment Highlights
- Newport Shopping Center offers a high-traffic, multi-tenant retail investment with a prominent location on Lake Hefner in Northwest OKC.
- Renovated in 2020, featuring durable construction, well-maintained exteriors, signage, and a parking lot with no major deferred maintenance.
- Placed just off Northwest Expressway (Highway 3), one of the region’s busiest corridors, and just 20 minutes from customers in Downtown OKC.
- Currently 61% occupied at below-market rents with the upside to fill vacancies, increase rates, and re-tenant underperforming spaces.
- Neighboring Lake Hefner Golf Club and the Bert Cooper Trail System, a popular destination drawing over 1 million annual visitors.
- Affluent 3-mile demographics include 82,000+ residents with an average household income of $90,000 and annual spending of more than $1 billion.
Executive Summary
Newport Shopping Center delivers a compelling investor opportunity, offering a multi-tenant retail center with significant value-add potential at 9120-9146 N Macarthur Boulevard in Oklahoma City. Currently 61% occupied by a diverse tenant mix at below-market rents, the opportunity provides a robust upside to fill the remaining vacancies and introduce future rent increases and re-tenanting to generate increased returns.
Newport Shopping Center, built in 1975 and fully renovated in 2020, spans a total of 26,205 square feet. Today, the property boasts durable construction with a well-maintained exterior, signage, and parking lot with no major deferred maintenance, limiting the going-in investment needed from a new owner. The center is occupied by a mix of restaurants, a pet groomer, a laundromat, and a daycare center, all anchored by a local church, producing diverse cross-traffic and allowing for creative leasing strategies.
The property enjoys a prominent location just off the Northwest Expressway (Highway 3), one of OKC’s busiest corridors. The center’s large pylon signage captures robust exposure to more than 20,000 daily vehicles along this bustling corridor. The site is neighbored by Lake Hefner and the Lake Hefner Golf Club, a vibrant destination that draws more than 1 million annual visitors. Additionally, the property sits just 4 miles from Integris Health Baptist Medical Center, providing an added built-in audience of staff, patients, and visiting families.
Newport Shopping Center is surrounded by quality residential neighborhoods, delivering a lucrative local customer base. Within 3 miles of the center, the area’s population sits above 82,000 residents, with an average household income of over $90,000 and annual consumer spending exceeding $1 billion.
OKC’s Northwest Retail Submarket presents a competitive setting that encourages new investment. Vacancies in the area sit at just 7.7%, while rents have grown approximately 2.4% during the past 12 months. With a construction pipeline sitting 62% below the 10-year average, there is strong demand for well-maintained, quality retail spaces like Newport Shopping Center.
Property tours are by appointment only. Please contact the listing broker to schedule.
Newport Shopping Center, built in 1975 and fully renovated in 2020, spans a total of 26,205 square feet. Today, the property boasts durable construction with a well-maintained exterior, signage, and parking lot with no major deferred maintenance, limiting the going-in investment needed from a new owner. The center is occupied by a mix of restaurants, a pet groomer, a laundromat, and a daycare center, all anchored by a local church, producing diverse cross-traffic and allowing for creative leasing strategies.
The property enjoys a prominent location just off the Northwest Expressway (Highway 3), one of OKC’s busiest corridors. The center’s large pylon signage captures robust exposure to more than 20,000 daily vehicles along this bustling corridor. The site is neighbored by Lake Hefner and the Lake Hefner Golf Club, a vibrant destination that draws more than 1 million annual visitors. Additionally, the property sits just 4 miles from Integris Health Baptist Medical Center, providing an added built-in audience of staff, patients, and visiting families.
Newport Shopping Center is surrounded by quality residential neighborhoods, delivering a lucrative local customer base. Within 3 miles of the center, the area’s population sits above 82,000 residents, with an average household income of over $90,000 and annual consumer spending exceeding $1 billion.
OKC’s Northwest Retail Submarket presents a competitive setting that encourages new investment. Vacancies in the area sit at just 7.7%, while rents have grown approximately 2.4% during the past 12 months. With a construction pipeline sitting 62% below the 10-year average, there is strong demand for well-maintained, quality retail spaces like Newport Shopping Center.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
26,205 SF
Building Class
C
Year Built/Renovated
1975/2020
Percent Leased
61%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.89 AC
Parcel Number
140611028
Zoning
Commerical
Parking
115 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
297’ on Macarthur Blvd
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 9128
- 1,476 SF
- Retail
- In-Line
- 30 Days
Church
- 9136
- 1,815 SF
- Retail
- In-Line
- Now
Salon Suite.
- 9140
- 1,789 SF
- Retail
- In-Line
- Now
- 9142
- 2,118 SF
- Retail
- In-Line
- Now
- 9144
- 1,170 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 9128 | 1,476 SF | Retail | In-Line | 30 Days |
| 9130 | 5,372 SF | Retail | - | Now |
| 9136 | 1,815 SF | Retail | In-Line | Now |
| 9138 | 1,842 SF | Retail | In-Line | Now |
| 9140 | 1,789 SF | Retail | In-Line | Now |
| 9142 | 2,118 SF | Retail | In-Line | Now |
| 9144 | 1,170 SF | Retail | In-Line | Now |
9128
| Size |
| 1,476 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
9130
| Size |
| 5,372 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
9136
| Size |
| 1,815 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
9138
| Size |
| 1,842 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
9140
| Size |
| 1,789 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
9142
| Size |
| 2,118 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
9144
| Size |
| 1,170 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
9130
| Size | 5,372 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Church
9138
| Size | 1,842 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Salon Suite.
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
9,894
82,290
209,496
2020 Population
9,964
82,802
204,431
2030 Population
10,060
83,683
215,212
2025-2030 Projected Population Growth
1.7%
1.7%
2.7%
Daytime Employees
2,211
29,700
104,271
Total Businesses
332
4,125
13,491
Average Household Income
$88,500
$90,583
$92,296
Median Household Income
$66,400
$70,194
$70,125
Total Consumer Spending
$113.4M
$1B
$2.6B
Median Age
38.0
39.2
37.9
2025 Households
4,055
35,653
90,073
Percent College Degree or Above
27%
24%
24%
Average Home Value
$245,863
$288,407
$325,552
$ values in USD
Nearby Major Retailers
Sale Advisors
Sale Advisors
AJ Tolbert, Senior Vice-President
AJ Tolbert joined Creek CRE as a Leasing Associate. He primarily focuses on retail leasing and landlord representation. Prior to joining Creek CRE, AJ worked as an associate at Schmidt Commercial Real Estate representing tenants in both retail and office sectors. AJ graduated from Oklahoma State University with a bachelor’s degree in both Finance and Entrepreneurship.
About the Auction Technology
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Auction Contact
Keisha Hartshorn
Contact
Auctioneer License:
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Videos
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Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Value-Add High-Traffic Retail | Northwest OKC | 9120-9146 N Macarthur Blvd
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Value-Add High-Traffic Retail | Northwest OKC | 9120-9146 N Macarthur Blvd
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