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4928 Urmston Mdws Dr Liberty Township, OH 45011

Sponsored
For Sale
$5,157,362

Luxury Pet Resort, Strong ROI, Long-Term Lease

Property size:
11,061 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
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 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

HighLights

  • 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.
  • Located in Liberty Township, a rapidly growing community with significant future development potential.
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

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.
More about this property
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