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12989 Jupiter Rd 3,581 SF Office/Medical Condo Unit Offered at $279,507 CAD 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.
1 Unit 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%
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 103-105 | 3,581 SF | Office/Medical | $279,507 CAD ($78.05 CAD/SF) | $23,478.62 CAD |
Unit 103-105
| Unit Size |
| 3,581 SF |
| Condo Use |
| Office/Medical |
| Price |
| $279,507 CAD ($78.05 CAD/SF) |
| NOI |
| $23,478.62 CAD |
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Unit 103-105
| Unit Size | 3,581 SF |
| Condo Use | Office/Medical |
| Price | $279,507 CAD ($78.05 CAD/SF) |
| NOI | $23,478.62 CAD |
| 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> |
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 (Condo) | 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 (Condo) |
| 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
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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12989 Jupiter Rd
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