Office Condo Investment Sale in Dallas

12989 Jupiter Rd, Dallas, TX

M&D CRE is pleased to offer a three-suite office condo portfolio located in the well-established Lake Highlands area of North Dallas. Situated within the Greengate Professional Building, this investment includes Suites 103, 104, and 105 — three contiguous units totaling approximately 3,581 square feet with a proforma cap rate of 6.10%. Suites 103 and 104 are currently leased to stable tenants, providing immediate in-place cash flow, while Suite 105 is vacant and ideal for owner occupancy or additional leasing upside. Each suite features a professional layout with a reception area, multiple private offices, a kitchenette, and a private restroom, making them suitable for a range of administrative, legal, or professional uses.

Constructed in 1982, the Greengate Professional Building is a well-maintained, two-story commercial property with ample surface parking and excellent visibility on Jupiter Road, just south of Interstate 635 with over 205,000 VPD. The site benefits from high traffic counts and proximity to major retail, dining, and residential communities. Association dues cover water and common area maintenance, helping to simplify operations for the new owner.

This offering presents a compelling opportunity for investors seeking a stabilized, income-generating asset with immediate upside potential. It’s also well-suited for an owner-user looking to occupy one suite while benefiting from existing lease income. With its strong location, professional tenant mix, and versatile office configurations, this portfolio delivers both stability and flexibility in a growing Dallas submarket.

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Contacts

broker
Karan Aulakh, CCIM

broker
Kevin Weable, CCIM

M&D Real Estate

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable

  • Transit Score ®

    41/100 Some Transit

  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dallas, TX
  • Neighborhood Lake Highlands
  • Market Dallas Fort Worth

Points of Interest

  • LBJ/Skillman

    2.39 miles

  • Lake Highlands

    2.75 miles

  • White Rock

    3.08 miles

  • Downtown Garland

    4.12 miles

  • Walnut Hill

    4.77 miles

  • Park Lane

    4.77 miles

  • LBJ/Central

    5.07 miles

  • Forest Lane

    5.20 miles

  • Lovers Lane

    5.37 miles

  • Spring Valley

    5.65 miles

  • Shell

    0.22 miles

  • Exxon

    0.45 miles

  • Sam's Club

    0.59 miles

  • RaceTrac

    0.83 miles

  • QuikTrip

    0.93 miles

  • Texaco

    1.03 miles

  • 7-Eleven

    1.07 miles

  • Valero

    1.11 miles

  • Kroger

    1.13 miles

  • Murphy USA

    1.22 miles

  • Dallas Arboretum Parking

    3.70 miles

  • Lot ZZ

    4.09 miles

  • Lot Y

    4.14 miles

  • Lot Z

    4.15 miles

  • Lot X

    4.17 miles

  • Lot W

    4.31 miles

  • Lot V

    4.39 miles

  • Lot C

    4.46 miles

  • Lot D

    4.50 miles

  • Lot E

    4.50 miles

  • Super 8

    0.19 miles

  • Kingsley Inns and Suites

    0.37 miles

  • Jupiter Inn

    0.99 miles

  • Days Inn

    1.24 miles

  • Motel 6

    1.42 miles

  • Microtel Inn & Suites by Wyndham Garland/Dallas

    1.85 miles

  • La Quinta Inn & Suites Dallas Northeast-Arboretum

    2.31 miles

  • InTown Suites

    2.66 miles

  • Budget Suites of America

    3.70 miles

  • Homewood Suites

    3.73 miles

  • Waffle House

    0.38 miles

  • Mexicali

    0.52 miles

  • Chubby's

    0.57 miles

  • Popeyes

    0.63 miles

  • Burger King

    0.63 miles

  • Wendy's

    0.63 miles

  • Whataburger

    0.65 miles

  • Golden Chick

    0.66 miles

  • Chick-fil-A

    0.67 miles

  • Bombones

    0.75 miles

  • Highland Meadows Elementary School

    0.28 miles

  • Hevanily Christian Academy

    1.07 miles

  • Martha Turner Reilly Elementary School

    1.29 miles

  • Lake Highlands Junior High School

    1.44 miles

  • Lake Highlands Elementary School

    1.51 miles

  • Saint Patrick Catholic School

    1.58 miles

  • Wallace Elementary School

    1.61 miles

  • Robert T. Hill Middle School

    1.69 miles

  • Roach Elementary School

    1.71 miles

  • Sam Houston Middle School

    1.76 miles

  • The Warren Center

    2.15 miles

  • Cisneros Pre-Kindergarten

    3.04 miles

  • Handprints Academy

    3.13 miles

  • Cornerstone Learning Center

    4.10 miles

  • Lil Rascals Learning Center

    5.52 miles

  • Kids Central

    5.75 miles

  • Little Butterflies Learning Center

    5.97 miles

  • East Dallas Developmental Center

    6.06 miles

  • Little Scholars Academy

    6.36 miles

  • Little Ponderosa Child Care

    6.73 miles

Frequently Asked Questions

How much does Office Condo Investment Sale in Dallas cost?

The sale price for Office Condo Investment Sale in Dallas is available upon request. Contact the listing broker for more information.

What is the total square footage of Office Condo Investment Sale in Dallas?

Office Condo Investment Sale in Dallas totals 3,581 square feet.

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