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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.

Attachments

Brochure

Property Facts

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

zoning

Zoning Code E3-27 (Employment)
E3-27 (Employment)
  • Listing ID: 31229952

  • Date on Market: 2024-03-15

  • Last Updated:

  • Address: 99 Northland Rd, Waterloo, ON N2V 1Y8

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