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    Penitas, TX
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    Penitas, TX Drive Through Restaurants for Sale

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    La Joya, TX Mission, TX Palmview, TX Sullivan City, TX Edinburg, TX Alton, TX Palmhurst, TX Mcallen, TX
    Commercial Building with Drive-Through
    Updated: Jul 14
    Commercial Building with Drive-Through

    513 N Tom Gill Road, Penitas, TX 78576

    $2,250,000
    9,014 sqft
    Commercial property at 513 N Tom Gill Rd on 1.6105 acres
    9014 total building area with masonry front facade and steel sides; year built 2009
    Event center setup plus an additional 1,235 SF drive‑through restaurant/sno‑cone specialty shop
    Over 70 parking spaces (75 total covered) with blacktop and enclosed parking
    Retail features include double pane energy windows; HVAC and heating included
    View details
    Freestanding Sonic Investment Property
    Updated: Jun 10, 2025
    Freestanding Sonic Investment Property

    1815 E Expressway 83, Penitas, TX 78576

    Contact for pricing
    1,227 sqft
    Brand new 20‑year absolute NNN lease offers a management‑free, passive investment.
    Enjoy steadily growing NOI and inflation hedging with 7.5% rental increases every 5 years.
    Located in a high‑traffic area near U.S. Highway 83 (55,900 VPD) and a Walmart Supercenter.
    Brand new construction (2024) with modern amenities and design.
    Situated in a developing fast food area with national tenants.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Drive-Through Convenience Store
    Freestanding Drive-Through Convenience Store

    100 S Minnesota Road, Mission, TX 78572

    $155,000
    2,472 sqft 0.23 AC lot

    The freestanding property combines customer-facing retail space with a drive-through configuration and access from Expressway 83.

    View details
    Freestanding Drive-Thru Convenience Store
    Freestanding Drive-Thru Convenience Store

    100 S Minnesota Road, Mission, TX 78572

    $155,000
    2,472 sqft

    Freestanding drive-thru convenience store with a functional layout and visibility from Expressway 83 in Mission, TX.

    View details
    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    712 E Expy 83, La Joya, TX 78560

    Contact for pricing
    1,598 sqft 0.28 AC lot

    Standalone drive-through restaurant with 8 dedicated parking spaces and interior space ready for immediate use.

    View details
    Former Burger King Drive-Through
    Former Burger King Drive-Through

    688 E Expressway 83, La Joya, TX 78560

    Contact for pricing

    Existing restaurant improvements include a drive-through layout, parking, and highway frontage for a future user.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Redevelopment Land with Drive-Through Potential
    Redevelopment Land with Drive-Through Potential

    1220 E Alan Street, Pharr, TX 78577

    $420,000
    0.41 AC lot

    0.41-acre corner lot offers a redevelopment site for drive-through retail or restaurant near an expressway.

    View details

    Off-Market Properties in Penitas, TX

    Consider similar Off-Market properties in Penitas, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    614 Tom Gill Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    614 Tom Gill Rd, Penitas, TX 78576-2264

    $295,000
    Estimated value
    468 sqft 0.51 AC lot
    View details
    701 Tom Gill Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    701 Tom Gill Rd, Penitas, TX 78576-7427

    $335,000
    Estimated value
    2,250 sqft 2.96 AC lot
    View details

    Penitas, TX Drive Through Restaurants Market Trends and Statistics

    Explore 4 drive through restaurants for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 10,241 square feet of properties for sale, with an estimated market value of $2,250,000.

    Sale prices for drive-thru businesses in Penitas, TX average $2,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Drive through restaurants 3
    Bars & Pubs 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +26.7%
    Median Household Income $48,205
    College Educated 8.6%

    High-Yield Neighborhoods for Investment

    Identify Penitas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78576 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $63.66 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

    Retail

    Office

    Residential Income

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