9040 Independence Parkway
Single-Tenant Veterinary Clinic | Net Lease | Dallas–Fort Worth
Marketing description
ROOTS Commercial Real Estate is pleased to offer for sale a 100% leased, single-tenant veterinary facility in northeast Plano, Texas — one of the Dallas–Fort Worth Metroplex's most affluent and high-growth suburban corridors.
The property is occupied by a corporate veterinary operator under a structured net lease with approximately seven years remaining on the initial 10-year term, plus two 5-year renewal options. The lease includes scheduled annual rent escalations of approximately 3%, providing consistent, growing income with minimal landlord exposure. Tenant is responsible for taxes, insurance, utilities, and non-structural maintenance; landlord obligations are limited to structural components and major systems.
Built in 2010, the 5,221 SF single-story facility is purpose-built for full-service veterinary operations and includes multiple exam rooms, a dedicated surgery suite, treatment area, radiology space, pharmacy, kennels, and administrative offices. The property features dedicated on-site parking and excellent visibility along Independence Pkwy.
Investment highlights
9040 Independence Pkwy | Plano, TX 75025
Asking Price: $2,095,000 | Cap Rate: 6.68% | 5,221 SF
Investment Highlights:
- Single-tenant net lease | Corporate-backed operator
- ~7 years remaining on initial lease term + two 5-year options
- ~3% annual rent escalations built into lease schedule
- Purpose-built veterinary facility — difficult and costly to replicate
- Plano, TX — median household income $112,000+; top-tier DFW submarket
- Ideal for 1031 exchange, private investors, and healthcare-focused REIT buyers
Confidential Offering Memorandum available upon execution of a Confidentiality Agreement. Contact listing broker to request.
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