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400 S Stone St
Fremont, OH 43420

$13,127,000 USD

Manufacturing For Sale  •  245,000 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 245,000 SF
  • Lot Size 9.88 AC
  • Building Class B
  • Year Built 1998
  • Cap Rate 7.75 %
  • Tenancy Single
0 Transit Score
56 Walk Score

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
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
International Automotive Cmpnt
Matt Kovesdy 216-973-9876 Matthews Real Estate Investment Services
Matt Kovesdy 216-973-9876 Matthews Real Estate Investment Services