$14,500,000
Available - For Sale
Listing ID: W10430829
624 Mcgeachie Dr South , Milton, L9T 3Y5, Ontario
| Solid investment. Leased industrial building.fully equipped and zoned for manufacture and distribution of automotive refinishing and and repair products. Tenant is Axalta Coating Systems. a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available. Replacement cost of building far greater than list price. This Location with zoning very difficult to match. Great secure investment for the future. |
| Extras: Building next door also for sale. Same use,Vendor and Tenant. Vendor would like to see both buildings purchased by one Buyer. Call Listing Broker directly to arrange tour. |
| Price | $14,500,000 |
| Taxes: | $60381.71 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 624 Mcgeachie Dr South , Milton, L9T 3Y5, Ontario |
| Postal Code: | L9T 3Y5 |
| Province/State: | Ontario |
| Legal Description: | Con. 3 Pt Lot 1 Rp20R3449 Parts 5,10,13, |
| Lot Size: | 211.70 x 332.81 (Acres) |
| Directions/Cross Streets: | Harrop Rd. And Mcgeachie Dr. |
| Category: | Free Standing |
| Building Percentage: | Y |
| Total Area: | 30500.00 |
| Total Area Code: | Sq Ft |
| Industrial Area: | 28975 |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | Y |
| Outside Storage: | Y |
| Rail: | N |
| Soil Test: | Y |
| Clear Height Feet: | 18 |
| Volts: | 600 |
| Truck Level Shipping Doors #: | 8 |
| Height Feet: | 14 |
| Width Feet: | 8 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 1 |
| Height Feet: | 14 |
| Width Feet: | 12 |
| Grade Level Shipping Doors #: | 1 |
| Height Feet: | 10 |
| Width Feet: | 8 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Part |
| Sewers: | San+Storm |
| Water: | Municipal |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Halton |
| Municipality: | Milton |
| Neighbourhood: | Esquesing |
| Lot Size: | 211.70 x 332.81(Acres) |
| Tax: | $60,381.71 |
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