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Mexican Restaurant Space
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704 E Pioneer Pkwy, Arlington, TX 76010

Existing lease history spans approximately 26 years, with further occupancy subject to negotiated lease terms.

Property SizeContact for details
Days on Market144

Property Features for 704 E Pioneer Pkwy

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Coldell Banker Apex Realtors
Listed By: David Victorio · License #TX 0503201
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:10PM

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 Coldell Banker Apex Realtors

Investment Insights

Based on property information with market context.

This conventional restaurant property is occupied by Los Pastores Restaurant, a Mexican food operation that has leased the premises for approximately 26 years. The existing lease was extended for three additional years beginning November 1, 2022.

Future occupancy will require an interested party to negotiate a sublease covering the remaining term, followed by a new lease for any period beyond the current agreement.

Key Highlights

  • Mexican food restaurant operated as Los Pastores Restaurant
  • Approximately 26 years of lease history at the location
  • Lease extension began November 1, 2022, for an additional three years

Property Analytics

Current Use

Los Pastores Mexican ... Restaurant

Suggested Use

Top Pick Skin Care Clinic Law Firm Building Supply Gym & Fitness Center Electrical Service Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Bank of America Shops & Services
22,940 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
13,116 visits/mo 0.3 miles
Jack in the Box Dining
12,880 visits/mo 0.1 miles
PLS Financial Services Shops & Services
12,104 visits/mo 0.2 miles
Church's Chicken Dining
7,809 visits/mo 0.3 miles

Demographics for 76010, TX

55,894
Population
20,508
Households
2.7
Avg Household Size
29
Median Age
13%
College-Educated
65%
High-School Grad
8.8 sq mi
ZIP Area
6,352
Density / Sq Mi
$43,811
Median Household Income
$31,236
Median Earnings
$1,223
Median Rent
$199,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing lease history spans approximately 26 years, with further occupancy subject to negotiated lease terms.
Where is this conventional restaurant located?
The property is located at 704 E Pioneer Pkwy Arlington, TX.
What are key features of this property?
This property features: Mexican food restaurant operated as Los Pastores Restaurant; Approximately 26 years of lease history at the location; Lease extension began November 1, 2022, for an additional three years
More about this property
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