4928 Urmston Mdws Dr Liberty Township, OH 45011
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Luxury Pet Resort, Strong ROI, Long-Term Lease
Property size:
11,061 SFProperty Features for 4928 Urmston Mdws Dr
General Information
- Property type
- Individual retail properties
- Square Feet
- 11,061 SF
- Lot Size
- 83,330 SF
Building Details
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
Listing Agency: The Schueler Group Listing Agent: Mike Schueler
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a brand-new, 11,061-square-foot PetSuites pet resort and spa located at 4928 Urmston Mdws Dr, Liberty Township, OH 45011. The property, built in 2023, sits on a 1.913-acre lot and is currently operating at 100% occupancy under a 20-year NNN lease with a corporate guarantee. The lease commenced September 23, 2023, and includes five, five-year renewal options. Rent increases are structured with a 10% bump every five years, ensuring consistent income growth. The asking price is $5,157,362.17, representing a 6.00% cap rate and a NOI of $309,441. This single-story building is zoned for retail use and strategically positioned within a thriving community of nearly 40,000 residents, boasting high-income households and minimal direct competition within a 15-minute radius. Liberty Township's robust growth trajectory further enhances the long-term value of this investment. This is a 1031 exchange eligible property. The property benefits from a strong tenant in PetSuites, providing investors with security and predictable returns. This is a rare opportunity to acquire a high-performing, newly constructed asset in a prime location.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Liberty Township
- County
- Butler
- State
- Ohio
- Longitude
- -84.4551285
- Latitude
- 39.3894673
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FAQs
What type of property is this?
Individual retail property - Luxury Pet Resort, Strong ROI, Long-Term Lease
Where is this individual retail property located?
The property is located at 4928 Urmston Mdws Dr Liberty Township, OH.
What is the asking price?
The asking price for this property is $5,157,362.
What are key features of this property?
This property features: 20-year lease with five 5-year renewal options and 10% base rent increases every five years.; New 11,061 SF luxury pet resort built in Fall 2023.; Excellent location in high-income, high-density area with minimal competition within a 15-minute radius, serving a population of nearly 40,000.
