5825-5855 SE 15th St - Retail FOR SALE


Midwest City, OK 73110
$7,500,000 USD
917-741-1525
5825-5855 SE 15th St, Midwest City, OK for Sale
$7,500,000 USD
Retail - FOR SALE
1/13
null | 7.54% Cap Rate

5825-5855 SE 15th St
Midwest City, OK 73110


HIGHLIGHTS

  • 8.8 Year Weighted Average Lease Term
  • 60% of income is investment grade and corporate rent
  • Across from #1 Walmart Supercenter in Oklahoma and Home Depot
  • Fuzzy’s Tacos Shop ranks number two of 101 units nationally (Dine Brands)
  • Part of the Sooner Rose Shopping Center with 5.2 million visits per year

OVERVIEW

HMX Realty Advisors presents for sale a Dollar Tree, Rally House, Fuzzy’s Tacos and Mountain Mike’s Pizza strip in the Sooner Rose Shopping Center. The property is across from Home Depot and the #1 performing Walmart Supercenter in Oklahoma (top 3% nationally). The property is shadow anchored by Hobby Lobby, which is also for sale, Burlington Coat Factory, Academy Sports + Outdoors and Regal Warren Cinemas. Fuzzy’s Taco Shop is ranked in he top 1% of all locations nationally. It is part of Dine Brands Global (NYSE: DIN) which owns and operates 140 Fuzzy’s locations in 18 States. It represents 29% of the investment's income. Dollar Tree (NASDAQ: DLTR) is investment grade with an S&P rating of BBB. It represents 31% of the investment’s income. Rally House has 300 locations in 22 States and is family owned. It represents 22% of the investment’s income. Mountain Mike’s Pizza, which has 300 locations in 10 States, is operated by a large multi unit franchisee which was selected to oversee the brands expansion in the Midwest. This unit makes up 17% on the investment’s income. Together these tenants have a weighted average lease term of 8.8 years. The Sooner Rose Shopping Center directly 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 with 30,000 direct and 33,000 secondary jobs with a $7.5 billion total economic impact, up from $4.5 billion in 2024. New and expanding missions include the exclusive maintenance hub for the next-generation B-21 Raider stealth bomber (Northrup Grumman), a decades-long assignment. There is a new 131-acre expansion (Lockheed Martin) supporting 1,000 new jobs for Defense Systems. Boeing is the city's largest aerospace employer (~3,500+ employees) and Pratt & Whitney operates a new 845,000-square-foot engine facility for the F-35 and B-52 (opened Oct 2024). Sooner Rose is a primary retail hub for this massive workforce which will fuel the centers sales growth for many years to come.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

7.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree/Rally House/Fuzzy's Tacos

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.69 AC

LAND SF

160,736 SF

ZONING

-

APN/PARCEL ID

216121010

ASK ABOUT THIS PROPERTY

Rob JamesHMX1031.COMMore Info
917-741-1525

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Rob JamesHMX1031.COMMore Info
917-741-1525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.