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455 W Pioneer Pky

Grand Prairie, TX 75051

$680,000

Fast Food For Sale  •  1,536 Sq Ft

Property Details

  • Property Type Fast Food
  • Total Building Size 1,536 Sq Ft
  • Lot Size 0.27 ac
  • Building Class C
  • Year Built 1969
  • Cap Rate 3.30 %
  • Tenancy Single
  • Zoning Z97
0 Transit Score
72 Walk Score

Description

TAC Brokerage is proudly presenting this Subway building at 455 W. Pioneer Pkwy, Grand Prairie, TX.  Subway has been the valuable tenant at this location since 1990.  Over the past 28 years, tenant has been a A+ tenant and never miss a payment.  The currently monthly rent is $ 2,117.50.  07/01/2020 - 06/30/2025 is $ 2,286.90.  07/01/2025-06/30/2030 is $ 2,469.85.  12 years of lease remaining.  The building size is 1,536 sqft .  The lot size is 11,761 sqft.  This is a multiple Gross lease which Tenant is responsible to pay monthly rent and responsible for maintenance of the building and the parking lot.  Landlord is responsible to pay property tax and insurance.  It's a perfect investment opportunity for investors seeking cash flow with low maintenance less than $ 1,000,000.  Thinking to open your own restaurant?  This is a free standing building with a drive through window, the existing kitchen and refrigeration set up is perfect for a restaurant owner.  Drive by only.  Please do not speak to the employees and managers.

Highlights

Free Standing Subway for Sale
12 Years of Lease Remaining
Currently monthly rent is $2,117.50
Heavy day time traffic over 25,000 cars per day on Pioneer Pkwy
Investment NNN

Property Flyers

Financial Summary

Cap Rate: 3.30 %

Major Tenants

Tenant SF Occupied Lease End Date
Subway 1,536 SF 6/30/2025

Amenities

  • Pylon Sign
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Dallas/Fort Worth International Airport 20 min - 16.1 mi
Dallas Love Field Airport 31 min - 22.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Carole Tam 469-999-8746 TAC Brokerage and Consultant LLC
Carole Tam 469-999-8746 TAC Brokerage and Consultant LLC