972-772-6025
12989 Jupiter Rd, Dallas, TX for Sale
Medical CONDO - FOR SALE
1/79
null | 6.1% Cap Rate

12989 Jupiter Rd
Dallas, TX 75238
Lake Highlands


HIGHLIGHTS

  • Office Investment Sale/Owner User
  • ±3,581 Total SF | Three Office Condos
  • 6.10% Pro Forma Cap Rate
  • Located Just Off Interstate Highway 635

OVERVIEW

M&D CRE is 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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.1%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

25,000 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

Commercial

APN/PARCEL ID

00C27200000A20200

ASK ABOUT THIS PROPERTY

Danny Perez, CCIMM&D Commercial GroupMore Info
972-772-6025

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Danny Perez, CCIMM&D Commercial GroupMore Info
972-772-6025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.