Drive-Through Restaurant with Pylon
For Sale
$795,000
6155 South Garnett Road, Broken Arrow, OK 74012
Enclosed dining and kitchen areas provide a larger-format restaurant layout.
Property Size3,173 SF
Price / SF$250.55
Days on Market50
Property Features for 6155 South Garnett Road
General Information
Standard status
Active
Size
3,173 SF
Property subtype
Retail
Zoning
C3
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Building Details
Building Size
3,173 SF
Year Built
2003
Listing Agency:
McGraw Commercial Properties | Tulsa
Listed By:
Todd Frankenfield · License ##212124
(713) 560-0556
Source:
Mcgrawcp
Added: Aug 28
Changed: Oct 11
Last Checked: Oct 16 at 6:30AM
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 McGraw Commercial Properties | Tulsa
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Investment Insights
Based on property information with market context.
This drive-through restaurant property includes 3,173 SF of enclosed dining and kitchen space in a building constructed in 2003. An existing drive-through lane and pylon sign are already in place, providing established operational infrastructure for restaurant use. The layout is larger than older-format QSR buildings referenced in the surrounding market.
Located at 6155 South Garnett Road in Broken Arrow, the property is near intersections reporting traffic volumes of 19,000 to 21,000+ VPD. C3 zoning supports commercial restaurant and retail use. The site is designated FEMA Zone B/X and is not within a Special Flood Hazard Area. Southeast Tulsa retail vacancy is reported at 2.1%, compared with 3.1% across Tulsa.
Located at 6155 South Garnett Road in Broken Arrow, the property is near intersections reporting traffic volumes of 19,000 to 21,000+ VPD. C3 zoning supports commercial restaurant and retail use. The site is designated FEMA Zone B/X and is not within a Special Flood Hazard Area. Southeast Tulsa retail vacancy is reported at 2.1%, compared with 3.1% across Tulsa.
Key Highlights
- 3,173 SF of enclosed dining and kitchen space
- Existing drive‑through lane and pylon sign
- Building constructed in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,322
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,440
$706.4K
Cap Rate 7%
$504,600
$504.6K
Cap Rate 9%
$392,467
$392.5K
Market Conditions
NOI Build-Up for 3,173 SF
Gross rent
$50.6K $15.96/SF
− Vacancy
−$3.5K −$1.12/SF
EGI
$47.1K $14.84/SF
− OpEx
−$11.8K −$3.71/SF
NOI
$35.3K $11.13/SF
Area
Broken Arrow, OK
Vacancy
7.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,440
Cap Rate 7%
$504,600
Cap Rate 9%
$392,467
Alternative Uses
Best Use
Specialty Retail
$504.6K
$441.5K – $588.7K
NOI $35,322 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$742.2K
$649.4K – $865.9K
NOI $51,954 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
Explore this area
Business Placement
Demographics for 74012, OK
63,918
Population
26,069
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
94%
High-School Grad
24.8 sq mi
ZIP Area
2,577
Density / Sq Mi
$80,079
Median Household Income
$44,321
Median Earnings
$1,211
Median Rent
$223,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Enclosed dining and kitchen areas provide a larger-format restaurant layout.
Where is this drive through restaurant located?
The property is located at 6155 South Garnett Road Broken Arrow, OK.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3,173 SF of enclosed dining and kitchen space; Existing drive‑through lane and pylon sign; Building constructed in 2003
