12 years of remaining lease term with 3.0% annual rent escalations, delivering predictable, growing cash flow and inflation protection
Triple-net lease structure, with tenant responsible for all operating expenses and maintenance, resulting in minimal landlord involvement
Durable income stream supported by a mission-critical manufacturing tenant with long-term operating commitment to the facility
In-place rental rate is below prevailing market levels, providing an attractive basis and preserving future income growth potential Established Tier-1 Automotive Supplier
Auria is a global Tier-1 automotive supplier serving major OEMs across multiple platforms and vehicle programs
Revenue base is diversified across customers, programs, and geographies, reducing reliance on any single OEM or platform
The Fremont facility supports production tied to long-cycle automotive platforms, reinforcing revenue visibility and plant-level importance Mission-Critical Automotive Manufacturing Facility
Established automotive manufacturing property with continuous industrial use dating back to the 1980s
Facility has received significant tenant investment in specialized machinery, automation, and process-specific buildouts, creating high switching costs and limiting relocation alternatives
On-site Norfolk Southern rail service and integrated raw-material silos with direct feed systems support efficient inbound and outbound logistics
Physical characteristics and embedded infrastructure make the facility operationally difficult and costly to replicate