89th And WesternOklahoma City, OK 73139

Property Details for 89th And Western

Year built

1980

Lot size

17.00 AC

Property size (Sq ft)

116,083 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents the Brookwood Shopping Center, a 116,083 square foot retail property situated on a 17-acre lot in Oklahoma City, OK. Located at the highly visible SE corner of SW 89th Street and Western Avenue, this single-story center boasts a prime location within a robust retail submarket. Built in 1980 and extensively renovated in 2011, Brookwood Shopping Center remains a community landmark. The property features eight out-parcels, offering additional investment potential through individual sales. The center benefits from excellent access to I-240 and I-35, attracting a strong local, regional, and national customer base. The property includes 796 parking spaces (6.63 spaces per 1,000 square feet), ample ADA parking, and recently resealed and restriped parking lots with LED lighting (2019). Three main pylons (renovated 2019 with LED lighting) and individual out-parcel pylons provide excellent signage opportunities. The in-line space features a modified bitumen roof (2018) with a transferable 15-year warranty, while some out-parcels have TPO roofing. The property has roof-mounted package HVAC units, 200-400 amp service with individually metered electricity, and a Notifier fire system (wet) monitored by Simplex. High traffic counts (27,124 VPD on Western Avenue and 19,246 VPD on SW 89th Street) further enhance the property's value. The property is zoned C-3 Community Commercial District and served by Oklahoma City water and sewer (water on master meter). This well-maintained and strategically positioned shopping center represents a compelling investment opportunity with significant upside potential. Asking price: $17,600,000.

Location Insight

City

Oklahoma City

County

Cleveland

State

Oklahoma

Latitude

35.3769

Longitude

-97.5302

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].