NAI Sullivan Group presents the sale of Boulevard Marketplace, located at 101 N Douglas Boulevard in Midwest City, Oklahoma. This is the premier opportunity for investors to cement a presence in this east OKC suburb with immediate income and ample value-add potential.
Boulevard Marketplace spans 35,597 square feet on 3.25 acres at the corner of N Douglas Boulevard and E Reno Avenue, a primary thoroughfare that connects the property to Downtown Oklahoma City. 2021 improvements delivered a new roof, awnings, and façade, and the parking lot was fully redone in 2022. Boulevard Marketplace is anchored by Dollar Tree with a diverse mix of other businesses, including restaurants, professional services, a hearing loss center, general retailers, a dentist, and more, drawing a diverse range of consumers. Boulevard Marketplace’s shallow bay depth offers another advantage for investors as it provides more frontage and allows for smaller spaces, which broadens the spectrum of potential users.
Located at 101 N Douglas Boulevard, about 2 miles from Interstate 40, Boulevard Marketplace is immersed in a bustling environment that is still highly accessible for consumers throughout the metro. The second-largest employer in the Oklahoma City area, Tinker Air Force Base, is 6 miles from the center, and SSM Health St. Anthony, another top 10 employer, has a hospital 1.5 miles down the road. This is an ideal retail stop for military personnel and commuters, plus the area boasts a substantial daytime employment population of 22,740 people within just 3 miles. That same area is projected to see its number of households steadily rise about 0.5% annually through 2029.