400 S Stone St - Manufacturing FOR SALE
Fremont, OH 43420 |
$13,127,000 USD
216-973-9876
400 S Stone St
Fremont, OH 43420
HIGHLIGHTS
- Long-Term NNN Lease with Contractual Rent Growth
- 12 years of remaining lease term with 3.0% annual rent escalations, delivering predictable, growing cash flow and inflation protection
- Triple-net lease structure, with tenant responsible for all operating expenses and maintenance, resulting in minimal landlord involvement
- Durable income stream supported by a mission-critical manufacturing tenant with long-term operating commitment to the facility
- In-place rental rate is below prevailing market levels, providing an attractive basis and preserving future income growth potential Established Tier-1
- Auria is a global Tier-1 automotive supplier serving major OEMs across multiple platforms and vehicle programs
FOR SALE DETAILS
PRICE
$13,127,000 USD
PRICE/SF
$54 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
9.88
LAND SF
430,373
ZONING
-
APN/PARCEL ID
13-33-42-0024-00,13-33-42-0024-02,13-33-42-0025-00,13-33-42-0026-00
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
216-973-9876
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
216-973-9876
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
