HOBBY LOBBY shadowed by Burlington, Academy, & Regal Cinema
Across from the #1 Walmart Supercenter in Oklahoma (top 3% nationally)
Marketing description
Investment Highlights: Hobby Lobby at Sooner Rose
Location: Sooner Rose Shopping Center, Midwest City, OK Key Neighbors: Directly across from Oklahoma’s #1 Walmart Supercenter and Home Depot.
The Tenant: Hobby Lobby (Corporate Headquarter Proximity)
Operational History: 35 years of successful operation in Midwest City.
Strategic Relocation: This site is a 55,000 SF build-to-suit endcap, recently relocated from a former supermarket nearby.
Strong Credit Profile: Hobby Lobby is debt-free and self-funds its facilities. Lenders typically view their "default risk" as extremely low, comparable to BBB+ or A-rated entities.
Local Dominance: Located just 10 miles from Hobby Lobby’s 12 million SF corporate headquarters and manufacturing campus in Oklahoma City.
The "Tinker Effect"
The property is situated just 2 miles from Tinker Air Force Base, the nation’s largest maintenance, repair, and overhaul (MRO) facility.
Economic Impact: Tinker’s annual economic impact has surged from $4.5 billion to $7.5 billion.
Future-Proofed: The base is the exclusive maintenance hub for the next-generation B-21 Raider stealth bomber, ensuring long-term regional stability.
Complementary Investment Opportunities
Beyond the Hobby Lobby endcap, additional parcels in the immediate vicinity are available:
Sooner Rose 4-Tenant Strip: $7,500,000 (7.5% Cap). Tenants include Dollar Tree, Fuzzy’s Taco Shop, Rally House, and Mountain Mike’s Pizza.
Del Crest Center: $9,450,000 (7.6% Cap). Anchored by BioLife, Harbor Freight, and Boot Barn.
Investment highlights
• Shopping Center gets 5.2 million visits per year and growing
• Hobby Lobby is considered investment grade
• Across from 1# Walmart Supercenter in Oklahoma & Home Depot
• Shadow anchored by Academy, Burlington, and Regal Warren Cinemas
•Hobby Lobby build to suit with low rent of $9.25 psf
• Located 10 miles for Hobby Lobby’s Headquarters
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
