Mayfair

SHOP Companies is pleased to exclusively offer the opportunity to acquire Buildings 1 and 4 of Mayfair shopping center in Oklahoma City, Oklahoma, comprised of a four-tenant, 39,337 SF building anchored by Michaels and a two-tenant, 15,930 SF building leased to Rockler Woodworking and Hardware and Touchstone Imaging (the “Property”). The two buildings measure 55,267 SF (GLA) on 3.14 acres (MOL) in total, and were originally built in 1950, but we completely renovated to like-new condition in 2022 – 2023.
Mayfair is reported to be Oklahoma City’s first suburban shopping center and has been a fixture within the retail trade area for 75 years, situated on both the east and west sides of N. May Avenue at the signalized intersection of NW 50th Street. Mayfair is the geographic center, and the historical core of the retail trade area bounded by three of the metro area’s heavily trafficked highways – south of Northwest Expressway (34k VPD), north of Interstate 44 (94k VPD), and east of Lake Hefner Parkway (117k VPD). This trade area is one of the densest in the city, with over 101k people with average incomes of approximately $84k/year residing within in a 3-mile radius. The daytime population swells dramatically to almost 356k within a 5-mile radius, with nearby INTEGRIS Health Baptist Medical Center and its 9,000 employees and 508 hospital beds acting as a critical employment hub.