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Dollar Tree/Rally House/Fuzzy's Tacos 5825-5855 SE 15th St 22,678 SF 100% Leased Retail Building Midwest City, OK 73110 $7,500,000 ($330.72/SF) 7.54% Cap Rate
Investment Highlights
- 8.8 Year Weighted Average Lease Term
- Across from #1 Walmart Supercenter in Oklahoma and Home Depot
- Part of the Sooner Rose Shopping Center with 5.2 million visits per year
- 60% of income is investment grade and corporate rent
- Fuzzy’s Tacos Shop ranks number two of 101 units nationally (Dine Brands)
Executive Summary
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.
Property Facts
Major Tenants
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- SF Occupied
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Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.
- Fuzzy Taco Shop
- Retailer
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- Mountain Mike's Pizza
- Retailer
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- Ralley House
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - | ||
| Fuzzy Taco Shop | Retailer | - | - | - | ||
| Mountain Mike's Pizza | Retailer | - | - | - | ||
| Ralley House | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 216121010 | Improvements Assessment | $293,906 |
| Land Assessment | $137,801 | Total Assessment | $431,707 |
Property Taxes
Presented by
Dollar Tree/Rally House/Fuzzy's Tacos | 5825-5855 SE 15th St
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