$597,500

12989 Jupiter Road 103-105, Dallas, TX 75238

  • 3,581 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon3,311sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Listing Office:
M&D CRE, LLC : 972-772-6025
Listing Agent:
Karan Aulakh : 469-471-6413
MLS ID:
20953165
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Karan Aulakh, M&D CRE, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Highland Meadows Elementary School

8939 Whitewing Ln, Dallas, TX, 75238

Grades PK-5

0.26 miles away

R

Robert T. Hill Middle School

505 Easton Rd, Dallas, TX, 75218

Grades 6-8

1.64 miles away

B

Bryan Adams High School

2101 Millmar Dr, Dallas, TX, 75228

Grades 9-12

3.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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