$14,500,000
Available - For Sale
Listing ID: W10430840
604 Mcgeachie Dr South , Milton, L9T 3Y5, Ontario
| Solid Investment. Leased Industrial building.Substantial investment in building infrastructure. Five year lease with 3 years remaining.Solid Covenant. Tenant is Axalta Coating Systems. Premier global manufacturer of automotive refinishing and repair products. Headquartered in Philadelphia with 2023 sales of 5.5 Billion. 12,700 employees worldwide. Numerous expensive improvements made to building to permit manufacture and distribution of industrial coatings. Zoning M-2. 1200 amp /600 volt electrical system..Clean Environmental Report available. Replacement cost far greater than list price of building. Great upside in future lease rates. A smart investment for the future. |
| Extras: Next door also available for sale. Same Tenant, Vendor and use (Manufacture and storage/distribution of paint and related products). |
| Price | $14,500,000 |
| Taxes: | $77178.64 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 604 Mcgeachie Dr South , Milton, L9T 3Y5, Ontario |
| Postal Code: | L9T 3Y5 |
| Province/State: | Ontario |
| Legal Description: | Con 3 Ptlot1 Rp20R3449 Pts 4,9 Rp20R1612 |
| Lot Size: | 271.02 x 327.52 (Acres) |
| Directions/Cross Streets: | Harrop Dr. And Mcgeachie Dr, |
| Category: | Free Standing |
| Use: | Warehousing |
| Building Percentage: | Y |
| Total Area: | 32500.00 |
| Total Area Code: | Sq Ft |
| Industrial Area: | 30875 |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | Y |
| Rail: | N |
| Clear Height Feet: | 18 |
| Truck Level Shipping Doors #: | 2 |
| Double Man Shipping Doors #: | 1 |
| Drive-In Level Shipping Doors #: | 1 |
| Grade Level Shipping Doors #: | 1 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Part |
| Water: | Municipal |
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| NUCORP REALTY LTD. |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Halton |
| Municipality: | Milton |
| Neighbourhood: | Esquesing |
| Lot Size: | 271.02 x 327.52(Acres) |
| Tax: | $77,178.64 |
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