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400 S Stone St
Fremont, OH 43420
Industrial Property For Sale


Investment Highlights
- Long-Term NNN Lease with Contractual Rent Growth
- Triple-net lease structure, with tenant responsible for all operating expenses and maintenance, resulting in minimal landlord involvement
- In-place rental rate is below prevailing market levels, providing an attractive basis and preserving future income growth potential Established Tier-1
- 12 years of remaining lease term with 3.0% annual rent escalations, delivering predictable, growing cash flow and inflation protection
- Durable income stream supported by a mission-critical manufacturing tenant with long-term operating commitment to the facility
- Auria is a global Tier-1 automotive supplier serving major OEMs across multiple platforms and vehicle programs
Executive Summary
Broker of Record
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
| Sale Type | Investment | Rentable Building Area | 245,000 SF |
| Cap Rate | 7.75% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1998 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 9.88 AC |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 9.88 AC |
| Rentable Building Area | 245,000 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
Property Taxes
| Parcel Numbers | Improvements Assessment | $922,390 | |
| Land Assessment | $76,130 | Total Assessment | $998,520 |
Property Taxes
Parcel Numbers
Land Assessment
$76,130
Improvements Assessment
$922,390
Total Assessment
$998,520
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