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12989 Jupiter Rd
Dallas, TX 75238 Lake Highlands

$597,000 USD

Medical Condo For Sale  •  3,581 SF

Property Details

  • Property Type Medical
  • Total Building Size 25,000 SF
  • Lot Size 0.79 AC
  • Building Class B
  • Year Built 1982
  • Tenancy Multiple
  • Zoning Commercial
41 Transit Score
61 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 103-105 Medical Office 3,581 SF $597,000 USD
  • Unit Size: 3,581 SF
  • Condo Use: Medical Office
  • Price: $597,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $166.71 USD
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%

Description 

Office condominium units located within an established professional complex in Northeast Dallas.

Highlights

Strategically positioned along Jupiter Road with proximity to I-635, Northwest Highway, and major Dallas arterials.
Situated within the Lake Highlands submarket, a mature, high-demand office corridor supported by strong demographics.
Office association fee of approximately $198 per month, per unit, covering exterior maintenance and water services.
Minimal landlord responsibilities with low operating costs.
Excellent opportunity for an owner-user or investor seeking stable long-term value in a core Dallas location.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 25 min - 13.1 mi
Dallas-Fort Worth International 34 min - 27.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Karan Aulakh, CCIM 469-471-6413 KARE Commercial
Karan Aulakh, CCIM 469-471-6413 KARE Commercial