TX > Dallas > Greengate Professional Bldg Condo
Dallas, TX 75238,12989 Jupiter Road #103-105
Dallas, TX 75238,12989 Jupiter Road #103-105
Dallas, TX 75238,12989 Jupiter Road #103-105
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David Sheehan

David Sheehan

REFLECT Real Estate

+1(214) 923-5897
$597,500
Est. payment /mo
3,310 Sqft Lot
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UPDATED:

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

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Karan Aulakh • M&D CRE, LLC

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agent

Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

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