99 Northland Rd
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99 Northland Rd
9,128 SF 100% Leased Industrial Building Waterloo, ON N2V 1Y8 $4,397,000 CAD ($482 CAD/SF)
Investment Highlights
- Airways Transit lease expires May 31st, 2024 and Fuel Positive lease expires May 31st, 2025.
- E3-27 Zoning permits a wide variety of industrial uses including outdoor storage
- Both tenant’s have no renewal options, but would like to renew
Executive Summary
Purpose-built, 9,128 SF, R&D / Service Industrial Building with separate gas & hydro meters for each unit. The building features a mix of private offices, LED lighting, 5 drive-in doors, floor drains, 15’7” clear height, wash bay, back up generator, 600 amps, and 76 on-site parking stalls on 1.27 acres. A new TPO roof was installed in April 2023.
Property Facts
Price | $4,397,000 CAD | Rentable Building Area | 9,128 SF |
Price Per SF | $482 CAD | No. Stories | 1 |
Sale Type | Investment | Year Built | 1989 |
Property Type | Industrial | Parking Ratio | 3.29/1,000 SF |
Property Subtype | Warehouse | Clear Ceiling Height | 15 ft 7 in |
Building Class | C | No. Drive In / Grade-Level Doors | 2 |
Lot Size | 1.27 AC |
Price | $4,397,000 CAD |
Price Per SF | $482 CAD |
Sale Type | Investment |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 1.27 AC |
Rentable Building Area | 9,128 SF |
No. Stories | 1 |
Year Built | 1989 |
Parking Ratio | 3.29/1,000 SF |
Clear Ceiling Height | 15 ft 7 in |
No. Drive In / Grade-Level Doors | 2 |
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zoning
Zoning Code | E3-27 (Employment) |
E3-27 (Employment) |
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99 Northland Rd
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