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    OFF-MARKET
    Commercial real estate

    906 Pioneer Pkwy, Grand Prairie, TX 75051

    3,500 SF
    Property ID
    Property summary
    AI-generated overview

    This established Grand Prairie, Texas business, Zaza Pizza and Hookah Lounge, is offered for sale with a leaseback option. The 3,500 square foot space, located at 906 W Pioneer Pkwy, boasts a strong net operating income (NOI) of $18,000. The current lease is an Absolute NNN with 15 lease options and a remaining term of one year on a five-year lease. The asking price is $120,000, resulting in a price per square foot of $31.46. The property is zoned to allow for smoke permits. Included in the sale is substantial kitchen equipment, valued at approximately $87,000, including a double-stack oven pizza oven, two fryers, two freezers, a refrigerator, a walk-in cooler, a 18-foot vent hood, a pizza warmer, a flat grill, a double position stove, a small freezer, a small and large prep table, two medium stainless steel tables, a 60qt mixer, a rolling machine, a microwave, and three stainless steel shelves. The business is currently operating and ready for immediate transfer of ownership. The occupancy date for the leaseback is September 17, 2024. This presents a unique opportunity for a savvy investor seeking a profitable, established business with significant existing equipment. The high-traffic location ensures continued success for the new owner.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 3,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • PNC Mortgage Loan Service Bank
    • Zaza pizza and Hookah Lounge Restaurant
    • PNC ATM Atm
    • Zaza Pizza & Hookah Lounge Restaurant
    • Zaza smoke shop & Hookah lounge (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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