Market Leading Automotive Performance Manufacturer |… — Sale in Berea (Cleveland Msa), OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Berea (Cleveland Msa), OH 44017
  • Year built: 1999

Investment Figures

Cap rate
6.59%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. 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

Market Context

This retail in Berea (Cleveland Msa), OH is listed for sale. It is offered at an approximate 6.6% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1999. It has been on the market for 100 days. Compare it against other retail listings for sale in Berea (Cleveland Msa), OH — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Berea (Cleveland Msa), OH