Listed by KARE | Investment Sales & Leasing
$199,000
12989 Jupiter Road, Unit 105
Details
APN 0C27200000A10400
Property Type Retail, Office
Sub Type Traditional Office, Executive Office
Square Footage 1,119
Units 1
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 7.90%
Pro-Forma NOI $15,666
Year Built 1981
Stories 2
Acreage 0.076
Zoning Neighborhood Office (City Of Dallas)
Ceiling Height 8 to10
Retail | 1,119 SqFt
Marketing description
KARE Investment Sales & Leasing is pleased to present Unit 105 at the Greengate Professional Building Condominiums, located at 12989 Jupiter Road in Dallas, Texas. This recently painted, move-in-ready office suite features a functional and efficient layout, ideal for professional, administrative, or medical use. The unit consists of approximately 1,119 square feet and includes a reception area, multiple private offices, kitchenette, and private restroom. The flexible floor plan accommodates both owner-user occupancy and investment potential. Strategically positioned along Jupiter Road with convenient access to I-635, Northwest Highway, and major Dallas thoroughfares, the property benefits from strong visibility and accessibility within the Lake Highlands submarket.
The Dallas–fort worth metropolitan area is the fourth-largest metro region in the united states, with a population exceeding 7.9 million residents and more than 3.8 million workers. The metroplex includes 13 counties and covers approximately 9,300 square miles, making it one of the most expansive urban economies in the country.
The region serves as a major national hub for transportation, logistics, manufacturing, technology, aerospace, finance, and healthcare. It is home to 22 fortune 500 company headquarters and more than 10,000 corporate facilities. The area is supported by two major airports — Dallas/fort worth international airport (dfw) and Dallas love field (dal) — providing extensive domestic and international connectivity.
Dallas–fort worth is home to major corporate headquarters across industries, including at&t, american airlines group, mckesson, charles schwab, toyota motor north america, texas instruments, southwest airlines, cbre, d.r. horton, kimberly-clark, energy transfer, bnsf railway, fluor, sabre, and vistra corp
As commercial brokers active throughout the Dallas–fort worth metroplex, we recognize Dallas county as the economic centerpiece of north texas, a market that continues to drive regional growth, investment, and development. Strategically positioned within the nation’s fourth-largest metropolitan area, Dallas county offers unmatched connectivity through major highways including i-20, i-30, i-35e, i-45, us-75, us-175, and loop 12, providing direct access to both regional and national distribution channels.
The county’s business infrastructure is supported by two major airports, dfw international and Dallas love field, making it a prime hub for corporate headquarters, logistics operations, and light industrial users. Major employment districts such as the downtown Dallas core, las colinas, the design district, and the i-20 industrial corridor continue to attract a diverse range of users. Dallas county is home to many global and fortune 500 companies including at&t, southwest airlines, texas instruments, comerica, and tenet healthcare, reflecting the depth and stability of the local economy.
For investors and owner-users alike, Dallas county offers a competitive advantage with strong demographics, a central location within the united states, and a pro-business regulatory environment. Active redevelopment corridors along i-35, loop 12, and us-175 continue to create opportunities for industrial, retail, and flex assets. With consistent demand from both local and national tenants, Dallas county remains one of the most attractive markets for long-term commercial real estate investment.
Investment highlights
- Property type: office | neighborhood office complex
- Building size: ±1,119 sf
- Year built: 1981
- Zoning: neighborhood office (city of Dallas)
- Lot size: less than one acre
- Construction: brick | slab foundation
- Stories: two
- Utilities: city water, city sewer, electricity connected
- Access: direct frontage along Jupiter road
- Asking Price: $199,000
- Building Size: ±1,119 SF (Unit105)
- Occupancy: Single or Multi-Tenant Configuration
- Pro Forma Rent: $14.00/SF NNN
- Gross Annual Rent: ±$15,666
- Monthly Rent: ±$1,305
- Landlord Expenses: Minimal (NNN Lease)
- Office Condominium Units located within an established professional complex in Northeast Dallas
- Building area of ±1,119 SF featuring multiple private offices, reception areas, and break rooms
- Flexible layout allowing for single-tenant occupancy, multi-tenant configuration, or phased occupancy
- Ideal for professional, medical, or administrative office users
- Strategically positioned along Jupiter Road with convenient access to I-635, Northwest Highway, and major Dallas arterials
- Located in the Lake Highlands submarket, a mature, high-demand office corridor supported by strong demographics
- Minimal landlord responsibilities with low operating costs
- Office association fee of approximately $198 per month, covering exterior maintenance and water services
- Attractive opportunity for owner-users seeking to control occupancy costs and build long-term equity
- Attractive opportunity for investors pursuing stable rental income in a core Dallas office location
Listing Contacts
Listed by KARE | Investment Sales & Leasing
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