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1841 Jupiter Rd Garland, TX 75042

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For Sale
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Biomat USA NNN Lease, High Traffic Area

Property size:
13,858 SF

Property Features for 1841 Jupiter Rd

General Information

Property type
Medical space
Square Feet
13,858 SF
Lot Size
96,703 SF

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Listing Contact
Randy Blankstein
Randy Blankstein

Listing Agency: The Boulder Group Listing Agent: Randy Blankstein

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a single-tenant, net-leased (NNN) office and retail property occupied by Biomat USA, a subsidiary of the global healthcare giant Grifols. Located in Garland, Texas, within the Dallas MSA, this 13,858-square-foot building sits on a 2.22-acre lot and boasts a strong 8.00% cap rate based on a Net Operating Income (NOI) of $300,704. The current lease, commencing September 1, 2017, and expiring August 31, 2027, offers a remaining term of approximately 2.8 years, with attractive 3% annual rent bumps. Three five-year renewal options further enhance the long-term value. The property benefits from its prime location near the intersection of North Jupiter Road and Buckingham Road, experiencing combined daily traffic exceeding 65,900 vehicles. This high-traffic area is anchored by numerous national retailers, including The Home Depot, Albertsons, Walgreens, Starbucks, Wells Fargo, Chase Bank, The UPS Store, and Medical City ER Garland. The property's proximity to LV Berkner High School STEM Academy (serving 2,700 students) adds to its appeal. The surrounding area demonstrates strong demographics, with over 382,500 residents within a five-mile radius and an average household income exceeding $107,000. The tenant's strong financial backing and the property's location in a tax-free state contribute to its exceptional investment potential. The asking price is $3,758,800.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Grifols Biomat USA ... Medical Clinic

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Garland
County
Dallas
State
Texas
Longitude
-96.6842791
Latitude
32.9297943

FAQs

What type of property is this?
Medical space - Biomat USA NNN Lease, High Traffic Area
Where is this medical space located?
The property is located at 1841 Jupiter Rd Garland, TX.
What is the asking price?
The asking price for this property is $3,758,800.
What are key features of this property?
This property features: Dallas MSA location, ranked #4 nationally in population.; E-commerce resistant, essential business use.; Biomat USA, a Grifols (NASDAQ: GRFS) subsidiary, as tenant.
(847) 562-0003 Call to check price and availability
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