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4928 Urmston Meadows Drive, Liberty Township, OH, 45011

PetSuites

$4,951,072

Key Information

Cap Rate
6.25%
$ per SF
$447
Tot. SF
11,070
Lot Size
1.91 Acres
Year Built
2023
Term Remaining
± 17.14 Years
Type
Healthcare
Occupancy
100%
NOI
$309,442

Highlights

• Offered at $4,951,072, providing investors the opportunity to acquire a recently constructed, NVA-guaranteed asset within the Cincinnati MSA.
• Recently constructed ±11,070 SF purpose-built PetSuites facility completed in 2023, designed to support specialized pet care services.
• Modern facility designed to accommodate pet boarding, daycare, grooming, and related services.
• Established surrounding trade area with approximately 110,362 residents located within five miles of the property.
• Recently completed construction provides a specialized operating environment tailored to PetSuites’ services.
• Strategically positioned within the Cincinnati metropolitan area, a major Midwestern market supported by a diversified regional economy.
• $113,623 Avg. Household Income in 5-Mile Radius — Strong surrounding household income supports consumer spending and demand for premium pet care services.
• Contractual 10% rent increases every five years provide built-in income growth throughout the lease term.
• Lease backed by National Veterinary Associates, providing institutional credit support.
• Absolute NNN lease provides approximately 17.1 years of remaining contractual term and extended income visibility.
• Tenant is responsible for roof and structure, removing ownership obligations and future capital exposure.

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