12989 Jupiter Road, Units 103-105 Office
  • Asking Price
    $597KAsking Price
  • Cap Rate
    8.40%Cap Rate
  • Price/SF
    $166.71Price/SF
  • NOI
    $50,134NOI
  • Size
    3,581 SFSize
  • Built
    1981Built

Description

12989 Jupiter Road is a 3,581 SF office property for sale at 12989 Jupiter Road, Units 103-105, in Dallas’s Lake Highlands submarket. The full 3,581 SF is offered, giving a buyer a clearly defined office acquisition rather than a partial-building interest.

Built in 1981, the two-story property includes restrooms for public and/or staff use. Its 3,581 SF maximum contiguous area matches the space offered, a useful distinction for an owner-user seeking to plan around the full office footprint. The property sits on 0.99 acres and carries Neighborhood Office zoning. Together, the building size, site area and zoning give a buyer concrete parameters for comparing this acquisition with other office properties. An NNN lease type is identified for the property, which is relevant to an investor reviewing how property expenses are allocated.

The asking price is $597,000, or $166.71 PSF, with a $199,000 per-unit price also quoted. For an investor, the $50,134 NOI and 8.40% cap rate put the income alongside the acquisition cost; for an owner-user, the 3,581 SF offered and matching maximum contiguous area keep the focus on usable space. The combination of a defined office footprint, Neighborhood Office zoning and stated income metrics makes 12989 Jupiter Road an acquisition opportunity for buyers weighing both occupancy needs and investment performance.

Offering Summary

  • Asking Price
    $597,000
  • Price PSF
    $166.71
  • Price/Unit
    $199,000
  • Property Type
    Office
  • Size
    3,581 SF
  • Available
    3,581 SF
  • Properties
    1
  • Built
    1981
  • Total Acres
    ~0.99 ac

Sale Details

  • Cap Rate
    8.40%
  • NOI
    $50,134
  • Market Rents
    14

Documents

Property Address

12989 Jupiter Road, Units 103-105
Dallas, TX 75238

Property Details

  • Property Type
    Office
  • Square Feet
    3,581 SF
  • Available Space (SF)
    3,581 SF
  • Year Built
    1981
  • Stories
    2
  • Amenities
  • Lease Type
    NNN
  • Zoning
    Neighborhood Office
  • Acres
    0.99

Deal Team

Karan Aulakh profile image

Karan Aulakh

Managing Broker
KARE Investment Sales & Leasing