Second-Gen QSR with
1300 Pioneer Drive Irving, TX 75061
1300 Pioneer Drive, Irving, TX, 75061
$799,000
For Sale
$799,000
1,704 SF QSR with existing drive-in canopies and 45 dedicated parking spaces, offered for sale or lease.
Property Size1,704 SF
Lot Size1.00 Acre
Price / SF$468.90
Days on Market12
Property Features for 1300 Pioneer Drive
General Information
- Standard status
- Active
- Size
- 1,704 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing Agency
KARE Investment Sales & Leasing
Listed by
Karan Aulakh
Source
Nilesrealtygroup
Added: Jul 6 Checked: Jul 16 at 10:15 am
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 KARE Investment Sales & Leasing
Investment Insights
Based on property information with market context.
Second-generation QSR opportunity totaling 1,704 SF on approximately one acre, built in 2002. The site includes existing drive-in canopies, drive-through-oriented site elements, and 45 dedicated parking spaces. Ingress and egress are designed for efficient customer flow and convenient vehicle access. The property also carries spot zoning for a drive-thru, aligning well with food and beverage concepts that require high-throughput service.
Located in Irving, Texas, the property is positioned less than one mile from TX-356, supporting regional connectivity. The offering is described as having strong street visibility, with traffic counts exceeding 50,000 vehicles per day in the surrounding area, which can help drive awareness and accessibility for passing motorists.
For operators and investors, this is a food-service-focused site with a drive-through configuration already in place and the flexibility to purchase or lease. A tenant improvement allowance is available for qualified tenants, which may help reduce early buildout friction for approved concepts. Overall, the combination of an existing drive-in setup, dedicated parking, and drive-thru zoning supports a practical path for a restaurant operator looking to establish or expand in the North Dallas submarket.
Located in Irving, Texas, the property is positioned less than one mile from TX-356, supporting regional connectivity. The offering is described as having strong street visibility, with traffic counts exceeding 50,000 vehicles per day in the surrounding area, which can help drive awareness and accessibility for passing motorists.
For operators and investors, this is a food-service-focused site with a drive-through configuration already in place and the flexibility to purchase or lease. A tenant improvement allowance is available for qualified tenants, which may help reduce early buildout friction for approved concepts. Overall, the combination of an existing drive-in setup, dedicated parking, and drive-thru zoning supports a practical path for a restaurant operator looking to establish or expand in the North Dallas submarket.
Key Highlights
- 1,704 SF second‑gen QSR built in 2002, offered for sale or lease
- Approx. 1‑acre site in Irving, TX with existing drive‑in canopies
- 45 dedicated parking spaces with convenient ingress and egress for high‑volume service flow
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.1k | $24.12 |
| − Vacancy | −$2.0k | −$1.16 |
| EGI | $39.1k | $22.96 |
| − OpEx | −$9.8k | −$5.74 |
| NOI | $29.3k | $17.22 |
1,704 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$419.2K
$366.8K – $489.1K
NOI $29,346 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K
NOI $30,590 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - 1,704 SF QSR with existing drive-in canopies and 45 dedicated parking spaces, offered for sale or lease.
Where is this drive through restaurant located?
The property is located at 1300 Pioneer Drive Irving, TX.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,704 SF second‑gen QSR built in 2002, offered for sale or lease; Approx. 1‑acre site in Irving, TX with existing drive‑in canopies; 45 dedicated parking spaces with convenient ingress and egress for high‑volume service flow
