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14729085

4928 Urmston Mdws Dr, Liberty Township, OH 45011

MS
OH BRKP.0000221012
The Schueler Group
Listed by The Schueler Group
$5,157,362
829 days on market
Updated 111 days ago

PetSuites Liberty Township

Details
Property Type Retail
Sub Type Storefront
Square Footage 11,061
Cap Rate 6%
NOI $309,441
Occupancy 100%
Tenancy Single
Brand/Tenant PetSuites
Lease Type NNN
Lease Term 20
Lease Expiration 09/22/2043
Remaining Term 17.3
Rent Bumps Yes
Lease Options Five extension periods of five years each
Price per SqFt $466
Year Built 2023
Buildings 1
Stories 1
Acreage 1.913
Zoning Retail
Tenant Credit Corporate Guarantee
Lease Commencement 09/22/2023
Sale Condition 1031 exchange

PetSuites in Liberty Township for sale! Brand new 11,061 SF pet resort & spa available!

Marketing description

This great opportunity offers investors a long-term (20 years) lease with five (5), five (5) year options to renew and fixed ten percent (10%) base rent increases every five years during the primary lease term and options.

This 11,061 square foot luxury pet resort is a new build that was completed in fall of 2023. PetSuites has positioned themselves to be among high-income and high-density households in a thriving community with very little direct competition within a fifteen minute drive.

The community has been a popular destination for residents with a population of nearly 40,000. Liberty Township is poised to be a significant player in the region’s growth and development with some exciting projects on the horizon.

Investment highlights

This great opportunity offers investors a long-term (20 years) lease with five (5), five (5) year options to renew and fixed ten percent (10%) base rent increases every five years during the primary lease term and options.

This 11,061 square foot luxury pet resort is a new build that was completed in fall of 2023. PetSuites has positioned themselves to be among high-income and high-density households in a thriving community with very little direct competition within a fifteen minute drive.

The community has been a popular destination for residents with a population of nearly 40,000. Liberty Township is poised to be a significant player in the region’s growth and development with some exciting projects on the horizon.

Listing Contacts

MS
OH BRKP.0000221012
The Schueler Group
Listed by The Schueler Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$309,441.00
$25,786.75/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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