Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
$5,950,000
MARKET LEADING AUTOMOTIVE PERFORMANCE MANUFACTURER | ABS NET
Details
APN 36133050
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 57,948
Units 1
Cap Rate 6.58%
NOI $391,326
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 08/29/2043
Remaining Term 17.2
Rent Bumps Yes
Class A
Year Built 1999
Stories 1
Acreage 3.930
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Industrial | 6.58% CAP | 57,948 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310638/tmg-performance-products
Investment highlights
- Long Term Absolute Net Lease Featuring 3.00% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options.
- The U.S. Automotive Aftermarket Exceeds $400 Billion Annually, driven by Vehicle Aging Trends, Enthusiast Upgrades, and Performance Customization Demand Across Both Domestic and Import Platforms.
- TMG Performance Products, LLC is a U.S.-based automotive performance manufacturer that designs and produces aftermarket parts primarily for cars, trucks, SUVs, and marine vehicles.
- This Facility Operates as a Fully Integrated Design, Engineering, and Manufacturing Platform. Located Within Blaze Industrial Parkway, a Recognized Industrial Cluster Supporting Manufacturing, Distribution, and Fabrication Users, Reinforcing Long-Term Industrial Tenancy Demand and Functional Utility.
- Strategic Cleveland MSA Manufacturing Location - Positioned within the Cleveland MSA, providing Access to over 2M Residents, Deep Industrial Labor Pools, and Established Automotive Manufacturing and Supplier Networks Throughout Northeast Ohio.
- Proximity to Major Automotive Demand Drivers - Located Near General Motors, Ford, and Stellantis Supplier Corridors, Benefiting From Strong Regional Automotive Manufacturing Presence and Sustained Performance Parts and Aftermarket Ecosystem Demand.
- Within One-Day Trucking to 60% of U.S. Population - Strategically Situated to Reach Major Markets Including Chicago, Detroit, Pittsburgh, Columbus, Indianapolis, and Toronto Within a Single-Day Drive, Enhancing Logistics Efficiency and Supply Chain Flexibility.
- Minutes from Cleveland Hopkins International Airport, providing Direct Access to Passenger Travel, Air Cargo Operations, Integrated Freight Carriers Including FedEx and UPS, and Expedited National and International Shipping Infrastructure. Immediate Access to Interstate Transportation Network - Direct Connectivity to I-71, I-480, and the Ohio Turnpike (I-80/I-90), Enabling Efficient Truck Distribution Throughout the Midwest, Great Lakes Region, and Key National Freight Corridors.
Listing Contacts
Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$391,326.00
$32,610.50/mo
Valuation Metrics
0
DSCR
6.58%
Cap Rate
6.58%
ROI
Map
Zoning
BR-CD CommercialSpecial CommercialBagley Road Commercial
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View all 194 uses
View all 194 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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