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Mesquite Retail NNN Opportunity
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1520 Pioneer Road, Mesquite, TX

NNN leased retail property with long term tenant in place.

Property Size15,062 SF
Lot Size1.59 Acres
Price / SF$303.40
Days on Market584

Property Features for 1520 Pioneer Road

General Information

Standard status Active
Size 15,062 SF
Lot size 1.59 Acres
Property subtype RETAIL
Listing Agency: SVN | Net Lease Texas
Listed By: Glen Berhow · License #0602310
Source: Moodyscre
Added: Mar 26, 2025 Changed: Oct 25 Last Checked: Oct 28 at 10:16AM

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 SVN | Net Lease Texas

Rey
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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • NNN Lease
  • Over 10 Years Remaining on a 25 Year Prime Term
  • Signalized Intersection on a Hard Corner

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens ATM Atm Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Daycare Center Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
106k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 49% Shops & Services 31% Dining 17% Beauty & Spa 2%
Tom Thumb Groceries
52,303 visits/mo 0.2 miles
Chase Bank Shops & Services
14,938 visits/mo 0.1 miles
Dollar General Shops & Services
12,251 visits/mo 0.3 miles
Waffle House Dining
5,413 visits/mo 0.2 miles
Wingstop Dining
5,028 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Albertsons Pharmacy — 1500 S Beltline Rd, Mesquite, TX 75149
  • Alice Walker — 1500 S Beltline Rd, Mesquite, TX 751495943
  • Heikkinen Chiropractic and Acupuncture Center — 820 E Cartwright Rd # 133, Mesquite, TX 75149
  • CVS Pharmacy — 904 E Cartwright Rd, Mesquite, TX 75149
  • Tom Thumb Pharmacy — 1501 Pioneer Rd, Mesquite, TX 75149

Frequently Asked Questions

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 Road 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 · Office Call to check price and availability
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