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    3115 S Harrah Rd Harrah, OK 73045

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    For Sale
    $1,314,717

    McDonald's restaurant for sale with drive-thru and lease in place.

    Property size:
    4,515 SF
    Lot size:
    1.12 Acres

    Property Features for 3115 S Harrah Rd

    General Information

    Size
    4,515 SF
    Lot size
    1.12 Acres

    Source: Marcus & Millichap | Phoenix Agent Mark Ruble

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    McDonald's Restaurant with Drive-Thru

    This property features a McDonald's restaurant with a drive-thru. The property benefits from fee simple ownership. More than seven years remain on the lease term with McDonald's, and the lease includes rental increases throughout multiple renewal options. The property experiences limited competition, with the nearest McDonald's located 6.5 miles away. It is situated across from Harps Food Stores and surrounded by national tenants, including Sonic Drive-In, AutoZone Auto Parts, and Dollar Tree. The property is in close proximity to River Mist, a new home community by Lennar. It is located within the Oklahoma City MSA, with 21,750 residents within a five-mile radius. The average household income exceeds $108,000 in the immediate area. The property size is 4,515 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    McDonald's Fast Food Restaurant

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrah
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.1588293
    Latitude
    35.434175

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    FAQs

    What type of property is this?
    Drive through restaurant - McDonald's restaurant for sale with drive-thru and lease in place.
    Where is this drive through restaurant located?
    The property is located at 3115 S Harrah Rd Harrah, OK.
    What is the asking price?
    The asking price for this property is $1,314,717.
    What are key features of this property?
    This property features: - Long-term lease with McDonald's (more than 7 years remaining).; - Rare fee simple ownership.; - Drive-thru property.
    (602) 770-2935
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    3115 S Harrah Rd Harrah, OK 73045
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3115 S Harrah Rd Harrah, OK 73045
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