Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

400 S Stone St 245,000 SF Industrial Building Fremont, OH 43420 $17,791,022 CAD ($72.62 CAD/SF) 7.75% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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

Property Facts

Price $17,791,022 CAD
Price Per SF $72.62 CAD
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

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Manufacturing
  • -
  • -
  • -

IAC Group est un fournisseur mondial de premier plan qui crée des environnements qui inspirent les gens grâce à un design élégant, des idées audacieuses et une exécution précise. Chez IAC, ils croient que les environnements dans lesquels nous vivons, travaillons et nous déplaçons ont de l'importance. Ils s'efforcent de créer le meilleur de la technologie intelligente et durable avec précision et rapidité, en alliant un design élégant à des idées audacieuses et une ingénierie experte. Animés par une curiosité constante, ils cherchent de nouvelles façons de faire avancer les gens et trouvent leur force dans leur communauté diversifiée et créative, où chacun a sa place et où les grandes idées prennent vie.

Tenant Industry SF Occupied Rent/SF Lease End
Manufacturing - - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 13-33-42-0024-00
  • 13-33-42-0024-02
  • 13-33-42-0025-00
  • 13-33-42-0026-00
Land Assessment
$103,179 CAD
Improvements Assessment
$1,250,115 CAD
Total Assessment
$1,353,294 CAD
  • Listing ID: 39375470

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 400 S Stone St, Fremont, OH 43420

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}