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Sooner Rose Community Shopping Center 5625 SE 15th St 91,324 SF 100% Leased Retail Building Midwest City, OK 73110 $27,404,001 CAD ($300.07 CAD/SF) 7.10% Cap Rate

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Investment Highlights

  • 5.2 million visits per year and growing
  • 48% of income is from Hobby Lobby and Dollar Tree + 34% corporate rent
  • Hobby Lobby build to suit with low rent of $9.25 psf
  • 2 miles from Tinker AFB with a 7.5 billion total economic impact
  • Near 1# Walmart Supercenter in Oklahoma and Home Depot
  • Primary retail destination for Tinker’s 63,000 workforce and Rose State

Executive Summary

For sale is the Sooner Rose Shopping Center, where Hobby Lobby and Dollar Tree represent 48% of rental income. The property is shadow-anchored by Burlington, Academy Sports + Outdoors, and Regal Cinemas, with the #1 performing Walmart Supercenter in Oklahoma and Home Depot directly across SE 15th Street. Additional corporate tenants representing 34% of the property's income include Dine Brands’ Fuzzy’s Taco Shop (12%), Rally House with 300 locations (10%), and Louie’s Grill & Bar—part of the 85-unit Hal Smith Restaurants group (9%). The center is near to Rose State College with 9,500 students and faculty.
It is an irreplicable location ranking #1 of all centers within 50 miles. It benefits from the “Tinker Effect” with a 2-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). Sooner Rose 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.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
91,324 SF
Building Class
B
Year Built
2016
Price
$27,404,001 CAD
Price Per SF
$300.07 CAD
Cap Rate
7.10%
NOI
$1,945,684 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.52
Lot Size
4.02 AC

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Big O Pork and Dreams
  • Services
  • 99,999 SF
  • -
  • Jan 0000
  • Dollar Tree
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000
  • Fuzzy's Taco Shop
  • Services
  • 99,999 SF
  • -
  • Jan 0000
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000

Hobby Lobby began when founders David and Barbara Green started making miniature picture frames from their home. What started as a small family venture soon grew into a thriving arts-and-crafts retailer. Today, Hobby Lobby is recognized as one of the largest privately owned companies in its industry, operating stores across the United States. The company offers an extensive selection of products, including home décor, seasonal items, tableware, floral arrangements, art and craft supplies, yarn, fabric, jewelry-making materials, and more. Hobby Lobby remains committed to providing quality products and fostering creativity for customers everywhere.

  • Louie's Grill and Bar
  • Services
  • 99,999 SF
  • -
  • Jan 0000
  • Mountain Mike's Pizza
  • Services
  • 99,999 SF
  • -
  • Jan 0000
  • Rally House
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000
  • Uptown Cheapskate
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000
  • World of Smoke and Vape
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease End
Big O Pork and Dreams Services 99,999 SF - Jan 0000
Dollar Tree Retailer 99,999 SF - Jan 0000
Fuzzy's Taco Shop Services 99,999 SF - Jan 0000
Retailer 99,999 SF - Jan 0000
Louie's Grill and Bar Services 99,999 SF - Jan 0000
Mountain Mike's Pizza Services 99,999 SF - Jan 0000
Rally House Retailer 99,999 SF - Jan 0000
Uptown Cheapskate Retailer 99,999 SF - Jan 0000
World of Smoke and Vape Retailer 99,999 SF - Jan 0000

Nearby Major Retailers

Starbucks
City National Bank of OK
BancFirst
Waffle House
Salad and Go
Golden Corral
Mo’Bettahs
Teriyaki Madness
Olive Garden
Buffalo Wild Wings

Property Taxes

Property Taxes

Parcel Number
214781010
Land Assessment
$131,909 CAD
Improvements Assessment
$590,845 CAD
Total Assessment
$722,754 CAD
  • Listing ID: 39572126

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 5625 SE 15th St, Midwest City, OK 73110

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