Drive-Through Restaurant
For Sale
$750,000
17407 W 9th Street S, Sand Springs, OK 74063
COMMERCIAL - Sand Springs, OK
Property Size2,048 SF
Lot Size0.70 Acres
Price / SF$366.21
Days on Market133
Property Features for 17407 W 9th Street S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CS
Security features
Security System
Interior features
Public Restrooms, Security System-Owned
Exterior features
Door Sign
Fencing
Chain Link
Elementary school district
Sand Springs - Sch Dist (2)
Middle school district
Sand Springs - Sch Dist (2)
High school district
Sand Springs - Sch Dist (2)
Directions
US Hwy 412 W to S 177th W Ave, north to W 8th St, east to S 175th W Ave, then follow curve to W 9th St. Property on right at 17407 W 9th St.
Standard status
Active
APN
55680-91-06-39500
Size
2,048 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LT 4 BLK 3
Tax Annual Amount
714
Legal Description
LT 4 BLK 3
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Amenities
Polar Ice & Water vending system
Building Details
Year built
2024
Building materials
Steel
Roof type
Metal
Listing Agency:
Keller Williams Realty
(918) 766-0001
Listed By:
Dean Robertson · License #174917
(918) 440-8534
Added: Apr 7
Changed: Aug 4
Last Checked: Aug 17 at 8:06AM
MLS# 2612396
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2024-built, 2,048 SF drive-through restaurant building sits on a 0.704-acre lot and includes drive-through access. The property is currently operating as a Daylight Donuts location and is presented with all new equipment for an owner-user or investor. Interior amenities include public restrooms and a security system owned. Exterior features include a door sign, with chain link fencing on the property.
The building is constructed with steel and is served by central heating and central air. The roof is metal, and the site uses a septic tank for sewer. The property also includes a Polar Ice & Water vending system, Model MMMX, installed in November 2025, adding an additional revenue-producing component.
With its drive-through configuration and prime highway frontage, the site supports quick-service restaurant, coffee, bakery, beverage, sandwich, dessert, and other drive-through retail concepts within the CS zoning framework.
The building is constructed with steel and is served by central heating and central air. The roof is metal, and the site uses a septic tank for sewer. The property also includes a Polar Ice & Water vending system, Model MMMX, installed in November 2025, adding an additional revenue-producing component.
With its drive-through configuration and prime highway frontage, the site supports quick-service restaurant, coffee, bakery, beverage, sandwich, dessert, and other drive-through retail concepts within the CS zoning framework.
Key Highlights
- 2,048 SF drive‑through restaurant building constructed in 2024
- 0.704‑acre lot with prime highway frontage and drive‑through access
- Currently operating as a Daylight Donuts location
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
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 - 2024-built drive-through restaurant building on 0.704 acres with prime highway frontage and CS zoning.
Where is this drive through restaurant located?
The property is located at 17407 W 9th Street 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 drive‑through restaurant building constructed in 2024; 0.704‑acre lot with prime highway frontage and drive‑through access; Currently operating as a Daylight Donuts location
