Drive-Through Restaurant
For Sale
Contact for pricing
1300 W Pioneer Dr, Irving, TX 75061
Second-generation QSR with drive-in canopies, 45 dedicated parking spaces, and spot zoning for drive-thru service.
Property Size1,704 SF
Lot Size1.00 Acre
Price / SF$468.90
Days on Market459
Property Features for 1300 W Pioneer Dr
General Information
Standard status
Active
Size
1,704 SF
Total Parking Spaces
45
Lot size
1.00 Acre
Property subtype
RETAIL
Site & Location
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2002
Listing Agency:
KARE - Investment Sales & Leasing
Listed By:
Karan Aulakh · License #731346
(469) 471-6413
Source:
Moodyscre
Added: Jul 9, 2025
Changed: Oct 3
Last Checked: Oct 7 at 2:29PM
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 restaurant space totaling 1,704 SF, built in 2002 and currently available for sale or lease. The site includes existing drive-in canopies designed to support quick-service operations, along with 45 dedicated parking spaces and convenient ingress and egress for customer flow.
Located in Irving, Texas on approximately one acre, the property sits less than one mile from TX-356, providing regional connectivity. The offering also features spot zoning for a drive-thru and benefits from strong surrounding exposure, with traffic counts exceeding 50,000 vehicles per day.
Tenant Improvement Allowance is available for qualified tenants, offering an opportunity to customize the space for food and beverage use within a high-demand North Dallas submarket.
Located in Irving, Texas on approximately one acre, the property sits less than one mile from TX-356, providing regional connectivity. The offering also features spot zoning for a drive-thru and benefits from strong surrounding exposure, with traffic counts exceeding 50,000 vehicles per day.
Tenant Improvement Allowance is available for qualified tenants, offering an opportunity to customize the space for food and beverage use within a high-demand North Dallas submarket.
Key Highlights
- 1,704 SF second‑generation QSR built in 2002, available for sale or lease
- Approximately 1‑acre site in Irving, TX with existing drive‑in canopies
- Spot zoning for a drive‑thru and dedicated drive‑in/drive‑thru service support
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,346
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,920
$586.9K
Cap Rate 7%
$419,229
$419.2K
Cap Rate 9%
$326,067
$326.1K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$41.1K $24.12/SF
− Vacancy
−$2.0K −$1.16/SF
EGI
$39.1K $22.96/SF
− OpEx
−$9.8K −$5.74/SF
NOI
$29.3K $17.22/SF
Area
Irving, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,920
Cap Rate 7%
$419,229
Cap Rate 9%
$326,067
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 authorities.
Property Analytics
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Current Use
Lease Details
50,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Explore this area
Business Placement
Demographics for 75061, TX
55,828
Population
20,187
Households
2.8
Avg Household Size
33
Median Age
17%
College-Educated
66%
High-School Grad
11.6 sq mi
ZIP Area
4,813
Density / Sq Mi
$61,260
Median Household Income
$33,388
Median Earnings
$1,292
Median Rent
$228,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Second-generation QSR with drive-in canopies, 45 dedicated parking spaces, and spot zoning for drive-thru service.
Where is this drive through restaurant located?
The property is located at 1300 W Pioneer Dr 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‑generation QSR built in 2002, available for sale or lease; Approximately 1‑acre site in Irving, TX with existing drive‑in canopies; Spot zoning for a drive‑thru and dedicated drive‑in/drive‑thru service support
