1300 W Pioneer Drive - For Sale

1300 W Pioneer Drive is a restaurant property for sale in Irving, TX, with 1,704 SF of gross leasable area on 0.98 acres. A drive-thru and 45 parking spaces define the site’s operating layout for a restaurant buyer.

Built in 2002 and renovated in 2025, the Property places its 1,704 SF building alongside surface parking and a drive-thru. The 1,704 SF of available gross leasable area gives an owner-user a defined building footprint, while the 0.98-acre site makes the parking and drive-thru part of the acquisition rather than separate space requirements. Zoning is C-OU-2 Commercial Outdoor (Spot Zoning QSR), a detail for an operator aligning a purchase with its restaurant plans. The building’s size keeps the focus on how the buyer would use this particular layout, not on expanding the stated area.

The asking price is $850,000, with pricing also expressed as $498.83 PSF and $864,700.92 per acre. NOI is $58,140 at a 6.80% cap rate; stabilized NOI is $58,140 at a 6.80% stabilized cap rate. Market rent is $35/SF NNN. Those measures give an investor distinct ways to view the building, land and income within the same purchase. For a restaurant operator, the decision centers on a 1,704 SF building with a drive-thru, surface parking and 1,704 SF of available gross leasable area. For an investor, the opportunity pairs those physical attributes with the stated income and pricing basis.