Drive-Through Restaurant
For Sale
$750,000
17407 W 9th St S, Sand Springs, OK 74063
Newly built drive-through restaurant building with prime highway frontage and included equipment, plus an ice and water vending system.
Property Size2,048 SF
Price / SF$366.21
Days on Market28
Property Features for 17407 W 9th St S
General Information
Standard status
Active
Size
2,048 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2024
Listing Agency:
Keller Williams Realty
(918) 440-8534
Listed By:
Dean Robertson · License #174917
Source:
Accentrealtors
Added: Jul 28
Changed: Aug 23
Last Checked: Aug 23 at 5:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This newly constructed commercial building totals 2,048 square feet and was built in 2024. The property is currently operating as a Daylight Donuts and includes all new equipment, creating a turn-key option for an owner-user or investor. The site also features a Polar Ice & Water vending system (Model MMMX) installed in November 2025, adding an additional income-producing amenity.
The property provides drive-through access and prime highway frontage, supporting quick-service traffic flow and convenient customer pickup. Easy access and modern construction help support a range of drive-through concepts.
The building is positioned for flexible use by a variety of quick-service restaurant and retail concepts, including coffee, bakery, beverage, sandwich, dessert, or similar drive-through retail formats.
The property provides drive-through access and prime highway frontage, supporting quick-service traffic flow and convenient customer pickup. Easy access and modern construction help support a range of drive-through concepts.
The building is positioned for flexible use by a variety of quick-service restaurant and retail concepts, including coffee, bakery, beverage, sandwich, dessert, or similar drive-through retail formats.
Key Highlights
- 2,048 SF commercial building constructed in 2024 with drive‑through access
- Currently operating as a Daylight Donuts location
- Includes all new equipment for quick‑service and drive‑through retail concepts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,819
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$536,380
$536.4K
Cap Rate 7%
$383,129
$383.1K
Cap Rate 9%
$297,989
$298.0K
Market Conditions
NOI Build-Up for 2,048 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.9K $18.00/SF
− Vacancy
−$1.1K −$0.54/SF
EGI
$35.8K $17.46/SF
− OpEx
−$8.9K −$4.37/SF
NOI
$26.8K $13.10/SF
Area
Tulsa County, OK
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$536,380
Cap Rate 7%
$383,129
Cap Rate 9%
$297,989
Alternative Uses
Best Use
Specialty Retail
$383.1K
$335.2K – $447.0K
NOI $26,819 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.6K
$403.9K – $538.5K
NOI $32,309 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sinclair
Shops & Services
5,273 visits/mo
0.2 miles
Valvoline Express Care
Shops & Services
868 visits/mo
0.1 miles
Demographics for 74063, OK
30,630
Population
12,823
Households
2.4
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
129.8 sq mi
ZIP Area
236
Density / Sq Mi
$71,569
Median Household Income
$41,815
Median Earnings
$989
Median Rent
$187,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Newly built drive-through restaurant building with prime highway frontage and included equipment, plus an ice and water vending system.
Where is this drive through restaurant located?
The property is located at 17407 W 9th St S Sand Springs, OK.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,048 SF commercial building constructed in 2024 with drive‑through access; Currently operating as a Daylight Donuts location; Includes all new equipment for quick‑service and drive‑through retail concepts
