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12989 Jupiter Rd 1,215 - 3,581 SF Condo Units Offered at $173,000 - $199,000 Per Unit 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.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 8.40% |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.40% |
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.
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%
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%
| Sale Type | Investment or Owner User | Cap Rate | 8.55% |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.55% |
Description
Unit 202 features a functional second-floor layout with private
offices, reception area, waiting area, break room, kitchenette, and a private in-suite restroom. The space also
includes two rows of sectioned cubicles, making it well-suited for a variety of professional or service-oriented uses.
The unit benefits from excellent visibility, including prominent marquee signage visible from I-635, along with easy
access to major roadways. Additional features include a 2023-updated electrical panel, a large attic space for
additional storage, and assigned covered parking, along with ample open parking for clients. Located in the desirable
Lake Highlands area, the property sits just off Eastbound I-635, minutes from White Rock Lake and approximately 15
minutes from Downtown Dallas. The association covers roof, water, and common area maintenance, providing
operational efficiency for ownership. This space presents an ideal opportunity for an insurance agency, brokerage,
financial services, law office, medical or spa use, chiropractic, tax preparation, IT, call center, or similar professional
uses. The unit offers a strong foundation while allowing flexibility for customization to suit the buyer’s needs.
offices, reception area, waiting area, break room, kitchenette, and a private in-suite restroom. The space also
includes two rows of sectioned cubicles, making it well-suited for a variety of professional or service-oriented uses.
The unit benefits from excellent visibility, including prominent marquee signage visible from I-635, along with easy
access to major roadways. Additional features include a 2023-updated electrical panel, a large attic space for
additional storage, and assigned covered parking, along with ample open parking for clients. Located in the desirable
Lake Highlands area, the property sits just off Eastbound I-635, minutes from White Rock Lake and approximately 15
minutes from Downtown Dallas. The association covers roof, water, and common area maintenance, providing
operational efficiency for ownership. This space presents an ideal opportunity for an insurance agency, brokerage,
financial services, law office, medical or spa use, chiropractic, tax preparation, IT, call center, or similar professional
uses. The unit offers a strong foundation while allowing flexibility for customization to suit the buyer’s needs.
Sale Notes
±1,215 SF office condo in Lake Highlands featuring private offices, reception area, kitchenette, and covered parking. Excellent visibility near I-635 with marquee signage. Ideal for professional or medical users.
We currently have a total of 4 units available within the same office complex, offering flexible opportunities for users and investors.
We currently have a total of 4 units available within the same office complex, offering flexible opportunities for users and investors.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 103-105 | 3,581 SF | Office/Medical | $199,000 ($55.57/SF) | $16,716 |
| Unit 202 | 1,215 SF | Office | $173,000 ($142.39/SF) | $14,791.50 |
Unit 103-105
| Unit Size |
| 3,581 SF |
| Condo Use |
| Office/Medical |
| Price |
| $199,000 ($55.57/SF) |
| NOI |
| $16,716 |
Unit 202
| Unit Size |
| 1,215 SF |
| Condo Use |
| Office |
| Price |
| $173,000 ($142.39/SF) |
| NOI |
| $14,791.50 |
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Map
Unit 103-105
| Unit Size | 3,581 SF |
| Condo Use | Office/Medical |
| Price | $199,000 ($55.57/SF) |
| NOI | $16,716 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.40% |
| Description | |
| Three contiguous office condominium units (Units 103, 104 & 105) with a combined total building area of ±3,581 SF. <br> <br> 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.</li></ul> | |
| 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. <br> <br> 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. <br> <br> Pro Forma Rent: $14.00/SF NNN<br> Gross Annual Rent: ±$50,134<br> Landlord Expenses: Minimal (NNN Lease)<br> Pro Forma NOI: ±$50,134<br> Pro Forma Cap Rate: ±8.40%</li></ul> |
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 202
| Unit Size | 1,215 SF |
| Condo Use | Office |
| Price | $173,000 ($142.39/SF) |
| NOI | $14,791.50 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.55% |
| Description | |
| Unit 202 features a functional second-floor layout with private<br> offices, reception area, waiting area, break room, kitchenette, and a private in-suite restroom. The space also<br> includes two rows of sectioned cubicles, making it well-suited for a variety of professional or service-oriented uses.<br> The unit benefits from excellent visibility, including prominent marquee signage visible from I-635, along with easy<br> access to major roadways. Additional features include a 2023-updated electrical panel, a large attic space for<br> additional storage, and assigned covered parking, along with ample open parking for clients. Located in the desirable<br> Lake Highlands area, the property sits just off Eastbound I-635, minutes from White Rock Lake and approximately 15<br> minutes from Downtown Dallas. The association covers roof, water, and common area maintenance, providing<br> operational efficiency for ownership. This space presents an ideal opportunity for an insurance agency, brokerage,<br> financial services, law office, medical or spa use, chiropractic, tax preparation, IT, call center, or similar professional<br> uses. The unit offers a strong foundation while allowing flexibility for customization to suit the buyer’s needs.</li></ul> | |
| Sale Notes | |
| ±1,215 SF office condo in Lake Highlands featuring private offices, reception area, kitchenette, and covered parking. Excellent visibility near I-635 with marquee signage. Ideal for professional or medical users.<br> <br> We currently have a total of 4 units available within the same office complex, offering flexible opportunities for users and investors.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 11,896 SF | Typical Floor Size | 5,948 SF |
| Property Type | Office | Year Built | 1982 |
| Building Class | B | Lot Size | 0.79 AC |
| Floors | 2 | Parking Ratio | 19.55/1,000 SF |
| Zoning | Commercial - Z200 | ||
| Total Building Size | 11,896 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 5,948 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
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
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Contact the Sale Advisor
12989 Jupiter Rd