5635 SE 15th St
Midwest City, OK 73110
Academy Sports + Outdoors · Retail Property For Sale

The subject property is prominently situated with excellent access and visibility within a dense retail hub adjacent to the signalized intersection of Southeast 15th Street (25,992 AADT) and South Sooner Road (18,901 AADT) near its junction with I-40 (72,116 AADT). The site benefits from robust demographics with a total daytime population of 173,573 and average household income of $56,496 within 5 miles of the site. The property benefits from a prominent retail location adjacent to Hobby Lobby, Burlington Coat Factory, and a planned Warren Theater location, and in close proximity to a highly-trafficked Walmart Supercenter, Home Depot, and more. Midwest City has provided $22 million in tax-incremented financing for improvements in the surrounding area, including $18 million in the shopping center, enabling lower rents per square foot and sustainable operating ratios for tenants. Other shopping centers in the surrounding area include Town Center Plaza, with tenants including Target, Lowe’s Home Improvement, Best Buy, PetSmart, Marshalls, Kohl’s, and more; Gateway Plaza, anchored by Dollar Tree; Del Crest Shopping Center, anchored by Save-A-Lot; Oakcliff Shopping Center, anchored by Family Dollar and Dollar General; and more. Other major tenants in the surrounding area include Sam’s Club, ALDI, Walmart Neighborhood Market, WinCo Foods, CVS, Walgreens, and more. The site benefits from a strategic location less than two miles from Tinker Air Force Base, with more than 24,000 military and civilian personnel and a total economic impact of approximately $4.55 billion each year. Boeing, which already has an established workforce of more than 2,400 in the greater Oklahoma City region, was recently awarded a $14.3 billion contract to service and maintain aircraft at the base and is expected to create more than 1,200 new jobs in the Midwest City region to support the mid-air refueling fleet. Other major employers surrounding the base include Northrop Grumman, GE Aviation, and more. In addition, the property is located adjacent to the campus of Rose State College, with nearly 10,000 students enrolled, and less than five miles from the University of Oklahoma’s Health Sciences Center, home to the University of Oklahoma system’s colleges of medicine, dentistry, nursing, pharmacy, and public health, with approximately 4,000 students enrolled and a staff of approximately 5,000. The site also benefits from close proximity to Midwest City High School, Country Estates Elementary School, Del Crest Middle School, and Jarman Middle School, drawing additional traffic from students, parents, and teachers to the surrounding area. The property additionally neighbors the Reed Conference Center, featuring approximately 30,000 square feet of conference space, which hosts a number of major local and regional events year-round, drawing additional traffic to the area surrounding the site. This property is listed in conjunction with Oklahoma-licensed real estate broker Sooner Investment Realty.