12989 Jupiter RD #103-105 Active Save Request In-Person Tour Request Virtual Tour
Dallas,TX 75238
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,581 sqft
Price per Sqft $166
Subdivision Greengate Professional Bldg Condo
MLS Listing ID 20953165
HOA Y/N No
Year Built 1982
Lot Size 3,310 Sqft
Acres 0.076
Property Sub-Type Office
Property Description
Pleased to offer a three-suite office condo portfolio located in the well-established Lake Highlands area of North Dallas. Situated within the Greengate Professional Building, this investment includes Suites 103, 104, and 105 — three contiguous units totaling approximately 3,581 square feet with a proforma cap rate of 6.10%. Suites 103 and 104 are currently leased to stable tenants, providing immediate in-place cash flow, while Suite 105 is vacant and ideal for owner occupancy or additional leasing upside. Each suite features a professional layout with a reception area, multiple private offices, a kitchenette, and a private restroom, making them suitable for a range of administrative, legal, or professional uses. Constructed in 1982, the Greengate Professional Building is a well-maintained, two-story commercial property with ample surface parking and excellent visibility on Jupiter Road, just south of Interstate 635 with over 205,000 VPD. The site benefits from high traffic counts and proximity to major retail, dining, and residential communities. Association dues cover water and common area maintenance, helping to simplify operations for the new owner. This offering presents a compelling opportunity for investors seeking a stabilized, income-generating asset with immediate upside potential. It's also well-suited for an owner-user looking to occupy one suite while benefiting from existing lease income. With its strong location, professional tenant mix, and versatile office configurations, this portfolio delivers both stability and flexibility in a growing Dallas submarket.
Location
State TX
County Dallas
Zoning Neighborhood Office NO(A)
Direction Get on I-30 E from Young St and South Saint Paul St Continue on I-30 E to Garland. Exit from I-635 W Follow Interstate 635 Service Rd-Lyndon B Johnson Fwy and Jupiter Rd to your destination in Dallas
Interior
Heating Central
Cooling Central Air
Inclusions Building Only
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electricity Connected,Sewer Available,Water Available
Water Access Desc Public
Roof Type Other
Road Frontage City Street,Interstate
Building
Lot Description Landscaped
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Others
Tax ID 00C27200000A10400
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20953165