12989 Jupiter Road #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
Subdivision Greengate Professional Bldg Condo
MLS Listing ID 20953165
Total Fin. Sqft 3581
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
Flooring Varies
Heat Source Central
Exterior
Utilities Available City Sewer,City Water,Electricity Connected
Roof Type Other
Garage No
Building
Lot Description Landscaped
Foundation Slab
Structure Type Brick
Others
Ownership See Tax Roll
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20953165