604 Mcgeachie Dr
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604 Mcgeachie Dr
32,500 SF Industrial Building Milton, ON L9T 3Y5 $14,500,000 CAD ($446 CAD/SF)
Investment Highlights
- Great upside in future lease rates.
- Clean Environmental Report available.
Executive Summary
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.
Property Facts
Price | $14,500,000 CAD | Rentable Building Area | 32,500 SF |
Price Per SF | $446 CAD | No. Stories | 1 |
Sale Type | Investment | Year Built | 1978 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse | Parking Ratio | 0.62/1,000 SF |
Building Class | C | No. Dock-High Doors/Loading | 2 |
Price | $14,500,000 CAD |
Price Per SF | $446 CAD |
Sale Type | Investment |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Rentable Building Area | 32,500 SF |
No. Stories | 1 |
Year Built | 1978 |
Tenancy | Single |
Parking Ratio | 0.62/1,000 SF |
No. Dock-High Doors/Loading | 2 |
Amenities
- Signage
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zoning
Zoning Code | M2 |
M2 |
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604 Mcgeachie Dr
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