1841 N Jupiter Rd Garland, TX 75042
For Sale
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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.
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Grifols Biomat USA - Plasma Donation Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.