Turn-Key Drive-Thru Restaurant For
801 SW 11th St, Lawton, OK 73501
For Sale
Contact for pricing
Operating drive-thru restaurant on a high-traffic corner in Lawton, OK.
Property Size1,780 SF
Price / SF$196.63
Days on Market267
Property Features for 801 SW 11th St
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Year Renovated
Listing Agency:
Insight Commercial Real Estate
Listed By:
Melissa Busse
(580) 353-6100
Source:
Crexi
Added: Feb 17
Changed: Oct 26
Last Checked: Nov 8 at 7:17AM
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 Insight Commercial Real Estate
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Investment Insights
Based on property information with market context.
This is a currently operating, turn-key drive-thru restaurant for sale. It is located on the hard corner of SW H Ave and SW 11th St in Lawton, OK. The drive-thru includes a menu box and speaker with a single service window. The interior kitchen area is equipped with an Ansul system, a 4-bay stainless steel sink, an ice machine, two double fryers, a 6-burner stove with oven, an 8x8 walk-in freezer, and several stainless steel prep tables with shelves, and an employee time clock. The dining area consists of approximately 575 square feet of open space with 10 booths and tables and chairs. There are two ADA restrooms. Renovations have been completed, including replacing the sewer line. The property is not in the FEMA flood zone and is located on a high traffic street. The property size is 1780 square feet.
Key Highlights
- Turn‑key, operating drive‑thru restaurant on a hard corner location.
- Fully equipped kitchen with Ansul system, fryers, stove, oven, walk‑in freezer, and stainless steel prep tables.
- Recent sewer line renovation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,435
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,700
$508.7K
Cap Rate 7%
$363,357
$363.4K
Cap Rate 9%
$282,611
$282.6K
Market Conditions
NOI Build-Up for 1,780 SF
Gross rent
$37.8K $21.24/SF
− Vacancy
−$3.9K −$2.19/SF
EGI
$33.9K $19.05/SF
− OpEx
−$8.5K −$4.76/SF
NOI
$25.4K $14.29/SF
Area
Comanche County, OK
Vacancy
10.30%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,700
Cap Rate 7%
$363,357
Cap Rate 9%
$282,611
Alternative Uses
Best Use
Specialty Retail
$363.4K
$317.9K – $423.9K
NOI $25,435 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$437.7K
$383.0K – $510.7K
NOI $30,640 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 37%
Apparel 4%
McDonald's
Dining
23,415 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,218 visits/mo
0.4 miles
Burger King
Dining
9,664 visits/mo
0.5 miles
Family Dollar
Shops & Services
8,714 visits/mo
0.5 miles
Stripes
Shops & Services
6,371 visits/mo
0.4 miles
Demographics for 73501, OK
19,158
Population
9,216
Households
2.1
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
105.0 sq mi
ZIP Area
182
Density / Sq Mi
$49,061
Median Household Income
$31,399
Median Earnings
$831
Median Rent
$119,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Operating drive-thru restaurant on a high-traffic corner in Lawton, OK.
Where is this drive through restaurant located?
The property is located at 801 SW 11th St Lawton, OK.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turn‑key, operating drive‑thru restaurant on a hard corner location.; Fully equipped kitchen with Ansul system, fryers, stove, oven, walk‑in freezer, and stainless steel prep tables.; Recent sewer line renovation.
