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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

Property Facts

Price $8,255,566 CAD
Price Per SF $142.47 CAD
Sale Type Investment NNN
Cap Rate 6.58%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
  • Industrial Service
Building Class A
Lot Size 3.93 AC
Rentable Building Area 57,948 SF
No. Stories 1
Year Built 1999
Tenancy Single
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 4
Zoning LI - Light Industrial Use

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
Somewhat walkable
30/100
Very drivable
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 361-33-047
  • 361-33-050
Land Assessment
$305,376 CAD
Improvements Assessment
$1,130,961 CAD
Total Assessment
$1,436,337 CAD
  • Listing ID: 39548547

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 140 Blaze Industrial Pky, Berea, OH 44017

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