Search
Freestanding Restaurant Building with Drive-Thru
For Lease
$18 SF/Yr

700 North 1st Street, Ponca City, OK 74601

2,616 SF freestanding building with drive-thru and restaurant improvements.

Space SizeContact for details
Days on Market142

Property Features for 700 North 1st Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Oklahoma City
Listed By: Stuart Graham
Source: Cbre
Added: Apr 15 Changed: Aug 31 Last Checked: Sep 2 at 1:49PM

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 CBRE | Oklahoma City

Investment Insights

Based on property information with market context.

This 2,616 square foot freestanding building, formerly a Wendy’s, is located at the corner of North 1st Street and West Highland Avenue. It features a drive-thru and existing restaurant improvements. The site benefits from strong visibility from two streets, signalized access, and multiple points of ingress and egress. With 195 feet of frontage on North 1st Street and 231 feet on West Highland Avenue, the corner lot provides ample exposure. North 1st Street functions as a primary north-south route through Ponca City, connecting residential areas to the city’s employment and retail core. The property includes an existing drive-thru restaurant layout and pylon signage. This single-tenant freestanding building is suitable for quick-service restaurants, fast-casual dining, coffee shops, or specialty retail and service users.

Key Highlights

  • Freestanding building with existing drive‑thru.
  • High visibility corner lot with signalized access on N 1st St and W Highland Ave.
  • 2,616 SF building suitable for QSR, fast casual, coffee, or specialty retail/service users.

Property Analytics

Current Use

Northside Import Services Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Storage Facility Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby

Demographics for 74601, OK

18,962
Population
8,924
Households
2.1
Avg Household Size
36
Median Age
15%
College-Educated
89%
High-School Grad
160.4 sq mi
ZIP Area
118
Density / Sq Mi
$48,810
Median Household Income
$33,098
Median Earnings
$860
Median Rent
$94,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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 - 2,616 SF freestanding building with drive-thru and restaurant improvements.
Where is this drive through restaurant located?
The property is located at 700 North 1st Street Ponca City, OK.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Freestanding building with existing drive‑thru.; High visibility corner lot with signalized access on N 1st St and W Highland Ave.; 2,616 SF building suitable for QSR, fast casual, coffee, or specialty retail/service users.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message