4928 Urmston Mdws Dr Liberty Township, OH 45011
- Retail properties
- 11,061 SF
- 1.91 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4928 Urmston Mdws Dr
- Year built
- 2023
- Lot size
- 1.91 lot acres
- Property size
- 11,061 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Liberty Township
- County
- Butler
- State
- Ohio
- Longitude
- -84.4551
- Latitude
- 39.3895
