Technical
Financial
Distress signals
Property profile

1841 N Jupiter Rd Garland, TX 75042

FOR SALE
Showrooms
Property ID
US83-1087061
13,858 SF 2.22 ac lot Built 1987
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated 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

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1987
Construction TILT-UP CONCRETE
Total area 13,858 SF
Lot 2.22 ac (96,616 SF)
APN 26054550010030000
UPID US83-1087061

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

1841 N Jupiter Rd Garland, TX 75042
Garland metro Census 19044 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$845k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Retail stores $1.4M +98.1%
Office building $930,000 +36.0%
Medical building $905,000 +32.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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