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400 S Stone Street, Fremont, OH, 43420

Auria Solutions
$13,127,000

Key Information

Cap Rate
7.75%
$ per SF
$54
Tot. SF
245,000
Lot Size
9.88 Acres
Year Built
1998
Term Remaining
±12 YRS
Type
Industrial
Occupancy
100%

Highlights

  • Long-Term NNN Lease with Contractual Rent Growth
  • 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

Photos

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113