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9040 Independence Pky
Plano, TX 75025
Retail Property For Sale
Executive Summary
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:
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
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:
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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,221 SF
Building Class
C
Year Built
2010
Price
$2,095,000
Price Per SF
$401.26
Cap Rate
6.68%
NOI
$140,039
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.71 AC
Parking
42 Spaces (8.04 Spaces per 1,000 SF Leased)
Frontage
59’ on Independence Pky
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | R-8683-00A-0070-1 | Improvements Assessment | $995,175 |
| Land Assessment | $566,280 | Total Assessment | $1,561,455 |
Property Taxes
Parcel Number
R-8683-00A-0070-1
Land Assessment
$566,280
Improvements Assessment
$995,175
Total Assessment
$1,561,455
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