Hobby Lobby & Dollar Tree plus shops 2 Retail Properties Offered at $15,650,000 in Midwest City, OK

HMX Realty Advisors is pleased to exclusively present for sale the Hobby Lobby and Dollar Tree sections of the Sooner Rose shopping center. The property is shadow anchored by Academy Sports + Outdoors, Burlington, and Regal Warren Cinemas. Pad sites include Olive Garden, Whataburger, Chick-fil-A, and Wendy's, and Mo’ Bettahs among others. Fuzzy’s Taco Shop ranks #2 out of 101 locations nationally and the developer contributed only $50 psf to the Hobby Lobby building resulting in a low build to suite rent of 9.25 psf.
The shopping center ranks in the top 5% of all community shopping centers nationwide, drawing 5.1 million visits annually.
As of March 1, 2026, the investment features a 7.2-year weighted average lease term. Notably, 64% of the center's income is investment grade or equivalent; while Hobby Lobby has no long-term debt, it is considered investment grade. Furthermore, 91% of the income is corporate backed. The property is located on SE 15th Street, the primary retail corridor of Midwest City within the Oklahoma City MSA.
It sits directly across from the #1 ranked Walmart Supercenter in Oklahoma and Home Depot.
The center is also located just two miles from Tinker Air Force Base, Oklahoma's largest single-site employer with
61,000 jobs. The base’s economic impact has grown from $4.5 billion in 2023 to $7.5 billion following significant
expansions, including a new 131-acre site for the new B-21 Stealth Raider fleet and a recent 845,000-square-foot
Pratt & Whitney facility. Major aerospace firms including Boeing, Northrop Grumman, and Lockheed Martin
maintain a significant presence adjacent to the nine square mile base.
Additionally, Rose State College, with 9,500 students and faculty, is located immediately to the south. This growing
area and the proximity to major employers drive consistent traffic to the center, as evidenced by its high visit
rankings.