Dollar Tree, Rally House, Fuzzy's Taco Shop Inline Strip
Shadow Anchored by Burlington, Hobby Lobby, Academy, Regal Cinemas
Marketing description
HMX Realty Advisors is pleased to present the opportunity to acquire Sooner Rose 2, a premier retail strip located within the Sooner Rose Shopping Center in Midwest City, Oklahoma. Offered at $7,500,000 (7.5% Cap Rate), this asset represents a top-tier investment in one of the nation’s most resilient retail corridors.
The property is currently 60% leased to investment-grade and corporate tenants, including Dollar Tree and Rally House, and boasts a stable 8.8-year weighted average lease term (WALT).
Strategically positioned directly across from the #1 performing Walmart Supercenter in Oklahoma and a high-traffic Home Depot, Sooner Rose ranks in the top 8% of community shopping centers nationally. With 5.2 million annual visits and a tenant mix featuring the #2 ranked Fuzzy’s Tacos location in the country, this property offers an investor a rare combination of security, yield, and dominant market positioning.
Sooner Rose 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 Martain) 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.
Investment highlights
•60% of income is investment grade + corporate
•Across from #1 Walmart Supercenter in Oklahoma and Home Depot
•8.8 Year Weighted Average Lease Term
•5.2 million visits per year and growing at the Sooner Rose Shopping Center
•Fuzzy’s Tacos ranks number two of the 101 units nationally
•Primary retail destination for Tinker’s 63,000 workforce and Rose State
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