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12989 Jupiter Rd 3,581 SF Office/Medical Condo Unit Offered at $597,000 in Dallas, TX 75238
INVESTMENT HIGHLIGHTS
- Strategically positioned along Jupiter Road with proximity to I-635, Northwest Highway, and major Dallas arterials.
- Office association fee of approximately $198 per month, per unit, covering exterior maintenance and water services.
- Excellent opportunity for an owner-user or investor seeking stable long-term value in a core Dallas location.
- Situated within the Lake Highlands submarket, a mature, high-demand office corridor supported by strong demographics.
- Minimal landlord responsibilities with low operating costs.
EXECUTIVE SUMMARY
Office condominium units located within an established professional complex in Northeast Dallas.
PROPERTY FACTS
| Total Building Size | 25,000 SF | Typical Floor Size | 3,581 SF |
| Property Type | Office (Condo) | Year Built | 1982 |
| Property Subtype | Medical | Lot Size | 0.79 AC |
| Building Class | B | Parking Ratio | 19.55/1,000 SF |
| Floors | 2 | ||
| Zoning | Commercial - Z200 | ||
| Total Building Size | 25,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,581 SF |
| Year Built | 1982 |
| Lot Size | 0.79 AC |
| Parking Ratio | 19.55/1,000 SF |
| Zoning | Commercial - Z200 |
AMENITIES
- 24 Hour Access
- Controlled Access
- Signage
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
1 UNIT AVAILABLE
Unit 103-105
| Unit Size | 3,581 SF | Sale Type | Investment or Owner User |
| Price | $597,000 | Cap Rate | 8.40% |
| Price Per SF | $166.71 | NOI | $50,134 |
| Condo Use | Office/Medical |
| Unit Size | 3,581 SF |
| Price | $597,000 |
| Price Per SF | $166.71 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.40% |
| NOI | $50,134 |
DESCRIPTION
Three contiguous office condominium units (Units 103, 104 & 105) with a combined total building area of ±3,581 SF.
These units are ideal for professional, medical, or administrative office users, with flexible layouts for either single or multi-tenant occupancy, and featuring multiple private offices, reception areas, and break rooms.
SALE NOTES
Excellent opportunity for an owner-user or investors! Three contiguous office condos (Units 103, 104 & 105) with a combined total building area of ±3,581 SF, located within an established professional complex in Northeast Dallas.
These units are ideal for professional, medical, or administrative office users, with flexible layouts for either single or multi-tenant occupancy, and featuring multiple private offices, reception areas, and break rooms.
Pro Forma Rent: $14.00/SF NNN
Gross Annual Rent: ±$50,134
Landlord Expenses: Minimal (NNN Lease)
Pro Forma NOI: ±$50,134
Pro Forma Cap Rate: ±8.40%
Suite 103
Suite 104
Suite 105
Contact the Sale Advisor
12989 Jupiter Rd