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    1520 Pioneer Rd Mesquite, TX 75149

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    For Sale
    $4,569,872

    NNN leased retail property with long term tenant in place.

    Property size:
    15,062 SF
    Lot size:
    1.59 Acres

    Property Features for 1520 Pioneer Rd

    General Information

    Size
    15,062 SF
    Lot size
    1.59 Acres

    Source: SVN | Net Lease Texas Agent Glen Berhow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mesquite Retail NNN Opportunity

    This retail property, constructed in 2000, features 15,062 square feet of space on a 1.6-acre lot. The property benefits from its location at a signalized intersection on a hard corner, with a traffic count exceeding 31,000 vehicles per day. The surrounding area has a population of over 86,000 within a 3-mile radius and an average household income exceeding $71,000 within the same radius. The property is subject to a NNN lease with over 10 years remaining on the original 25-year term, and includes ten 5-year renewal options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx OnSite Mailing Service COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Photo Passport Photo Processor Walgreens ATM Atm Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Tom Thumb Pharmacy, Albertsons Pharmacy, Heikkinen Chiropractic and Acupuncture Center, Alice Walker, CVS Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.5830631
    Latitude
    32.7461481

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    FAQs

    What type of property is this?
    Drug store - NNN leased retail property with long term tenant in place.
    Where is this drug store located?
    The property is located at 1520 Pioneer Rd Mesquite, TX.
    What is the asking price?
    The asking price for this property is $4,569,872.
    What are key features of this property?
    This property features: - NNN Lease; - Over 10 Years Remaining on a 25 Year Prime Term; - Signalized Intersection on a Hard Corner
    (469) 828-1950
    Request Owner's contact information
    1520 Pioneer Rd Mesquite, TX 75149
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1520 Pioneer Rd Mesquite, TX 75149
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