Net Lease
Market Leading Automotive Performance Manufacturer | 17+ Year Absolute Net | 3% Annual Increases
140 Blaze Industrial Pkwy, Berea (Cleveland MSA), OH 44017
Listing Price: $5,950,000
Investment Overview
Berea, Ohio is strategically positioned within the Cleveland–Elyria Metropolitan Statistical Area, a region of more than two million residents and one of the most established industrial markets in the Midwest. Northeast Ohio has long been a center for advanced manufacturing, automotive supply, aerospace components, precision machining, and logistics operations, creating durable demand for well-located industrial facilities.
The property benefits from immediate proximity to Cleveland Hopkins International Airport (CLE), the primary commercial airport serving Northern Ohio. The airport supports passenger travel, integrated freight carriers, and air cargo operations, enhancing logistical efficiency and reinforcing long-term industrial demand in the surrounding submarket.
The region offers exceptional transportation infrastructure, including direct access to Interstate 71, Interstate 480, and the Ohio Turnpike (I-80/I-90), providing efficient connectivity to Chicago, Detroit, Pittsburgh, Columbus, Indianapolis, and Toronto. Ohio’s central Midwest location allows one-day trucking access to a significant portion of the U.S. and Canadian population base, making it a highly desirable distribution and manufacturing corridor.
Greater Cleveland maintains a diverse economic base anchored by healthcare (Cleveland Clinic), advanced manufacturing, aerospace, logistics, and automotive suppliers. The area is supported by a deep and experienced industrial labor pool, with workforce development pipelines from institutions such as Cuyahoga Community College and Cleveland State University.
Market Leading Automotive Performance Manufacturer | 17+ Year Absolute Net | 3% Annual Increases
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.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director, Chief Revenue Officer- Mid-West Division
Net Lease
Market Leading Automotive Performance Manufacturer | 17+ Year Absolute Net | 3% Annual Increases
Listing Price: $5,950,000
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.
Investment Overview
Berea, Ohio is strategically positioned within the Cleveland–Elyria Metropolitan Statistical Area, a region of more than two million residents and one of the most established industrial markets in the Midwest. Northeast Ohio has long been a center for advanced manufacturing, automotive supply, aerospace components, precision machining, and logistics operations, creating durable demand for well-located industrial facilities. The property benefits from immediate proximity to Cleveland Hopkins International Airport (CLE), the primary commercial airport serving Northern Ohio. The airport supports passenger travel, integrated freight carriers, and air cargo operations, enhancing logistical efficiency and reinforcing long-term industrial demand in the surrounding submarket. The region offers exceptional transportation infrastructure, including direct access to Interstate 71, Interstate 480, and the Ohio Turnpike (I-80/I-90), providing efficient connectivity to Chicago, Detroit, Pittsburgh, Columbus, Indianapolis, and Toronto. Ohio’s central Midwest location allows one-day trucking access to a significant portion of the U.S. and Canadian population base, making it a highly desirable distribution and manufacturing corridor. Greater Cleveland maintains a diverse economic base anchored by healthcare (Cleveland Clinic), advanced manufacturing, aerospace, logistics, and automotive suppliers. The area is supported by a deep and experienced industrial labor pool, with workforce development pipelines from institutions such as Cuyahoga Community College and Cleveland State University.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director, Chief Revenue Officer- Mid-West Division
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