906 Pioneer Pkwy, Grand Prairie, TX 75051
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.
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PNC Mortgage Loan Service Bank
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Zaza pizza and Hookah Lounge Restaurant
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PNC ATM Atm
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Zaza Pizza & Hookah Lounge Restaurant
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Zaza smoke shop & Hookah lounge (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.