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MARKET LEADING AUTO PERFORMANCE CO 140 Blaze Industrial Pky 57,948 SF Industrial Building Berea, OH 44017 $8,122,583 CAD ($140.17 CAD/SF) 6.58% Cap Rate
Investment Highlights
- Long Term Absolute Net Lease Featuring 3.00% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options.
- TMG Performance Products, LLC is a U.S.-based automotive performance manufacturer that designs and produces aftermarket parts primarily for cars.
- Strategic Cleveland MSA Manufacturing Location - Positioned within the Cleveland MSA, providing Access to over 2M Residents.
- The U.S. Automotive Aftermarket Exceeds $400 Billion Annually, driven by Vehicle Aging Trends, Enthusiast Upgrades, and Performance Customizations.
- Located Within Blaze Industrial Parkway, a Recognized Industrial Cluster Supporting Manufacturing, Distribution, and Fabrication Users.
- Proximity to Major Automotive Demand Drivers - Located Near General Motors, Ford, and Stellantis Supplier Corridors.
Executive Summary
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
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
Property Facts
Amenities
- Signage
- Air Conditioning
Utilities
- Gas
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- TMG Performance Products
- Retailer
- -
- -
- Triple Net
- Aug 2043
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| TMG Performance Products | Retailer | - | - | Triple Net | Aug 2043 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,117,811 CAD | |
| Land Assessment | $301,826 CAD | Total Assessment | $1,419,636 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$301,826 CAD
Improvements Assessment
$1,117,811 CAD
Total Assessment
$1,419,636 CAD
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MARKET LEADING AUTO PERFORMANCE CO | 140 Blaze Industrial Pky
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