2285 Kathryn Ln | Plano, TX 75025
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2285 Kathryn Ln
Plano, TX 75025
VETERINARY EYE INSTITUTE (MEDVET) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Very Passive Lease Structure – This investment offers a potential investor a passive investment with minimal landlord responsibilities for investors
- Practice Acquired by National Veterinary Operator – In August of 2021, The Veterinary Eye Institute joined MedVet
- E-Commerce & Recession-Resistant Property – Veterinary properties are extremely sought-after investments for their resistance to economic downturns
- Inflation-Protected Lease Structure – The lease features 15% rental increases every 5 years, providing a hedge against inflation
- Tenant Investment in Location – Veterinary Clinics rarely relocate due to difficulty retaining the same patients in a new location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,500 SF
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.31 AC
Frontage
119’ on Kathryn Ln
PROPERTY TAXES
| Parcel Number | R-8690-001-002R-1 | Improvements Assessment | $1,598,151 |
| Land Assessment | $858,567 | Total Assessment | $1,648,184 |
PROPERTY TAXES
Parcel Number
R-8690-001-002R-1
Land Assessment
$858,567
Improvements Assessment
$1,598,151
Total Assessment
$1,648,184
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