140 Blaze Industrial Pky - Manufacturing FOR SALE
Berea, OH 44017 |
$5,950,000 USD
858-373-3184
140 Blaze Industrial Pky
Berea, OH 44017
HIGHLIGHTS
- Long Term Absolute Net Lease Featuring 3.00% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options.
- The U.S. Automotive Aftermarket Exceeds $400 Billion Annually, driven by Vehicle Aging Trends, Enthusiast Upgrades, and Performance Customizations.
- TMG Performance Products, LLC is a U.S.-based automotive performance manufacturer that designs and produces aftermarket parts primarily for cars.
- Located Within Blaze Industrial Parkway, a Recognized Industrial Cluster Supporting Manufacturing, Distribution, and Fabrication Users.
- Strategic Cleveland MSA Manufacturing Location - Positioned within the Cleveland MSA, providing Access to over 2M Residents.
- Proximity to Major Automotive Demand Drivers - Located Near General Motors, Ford, and Stellantis Supplier Corridors.
OVERVIEW
TMG Performance Products | Long Term Absolute Net Lease w/ 3.00% Annual Increases | Attractive Real Estate in Major Industrial Market | Vehicle Performance Products Manufacturing Facility | $400B U.S. Automotive Aftermarket Industry | Within Industrial Park | Strategic Cleveland Manufacturing Location - Within One-Day Trucking to 60% of U.S. Population | Immediate Access to Interstate Transportation Network
Louisiana Broker of Record: Michael Glass | 500 Neil Ave., Ste. 100 Columbus, OH 43215 | P: (614) 360-9800 | Lic. # BRK.2007005898 | Michael.Glass@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$5,950,000 USD
PRICE/SF
$103 USD /SF
CAP RATE
6.58%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MARKET LEADING AUTO PERFORMANCE CO
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
ADD'L SUBTYPES
Distribution, Warehouse, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
UTILITIES
Gas, Water - City, Sewer - City, Heating - Gas
CLEAR CEILING HT
-
DOCKS
2
DRIVE INS
4
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.93
LAND SF
171,191
ZONING
LI
APN/PARCEL ID
361-33-047,361-33-050
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858-373-3184
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858-373-3184
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