Industrial For Sale - 450 Bowes Rd, Vaughan, Ontario L4K 1K3

location_on 450 Bowes Rd, Vaughan

Industrial

450 Bowes Rd

Vaughan, Ontario L4K 1K3

$50,000,000

For Sale

Property Information

The Property comprises two multitenant industrial buildings totaling 78,379 sf on 8.7 acre parcel of land, including 3.4 acres of leased outdoor storage space. Located in central Vaughan’s sought-after industrial node near Highways 7, 400, 407, and Vaughan Metropolitan Centre, providing connectivity to amenities, transit, and labor pool, including the Smart VMC 100-acre master planned community which is expected to house 45,000 people. The building has clear heights ranging from 13-23 feet, with 8 truck-level doors, 18 drive-in doors, flexible commercial zoning. The Asset’s are demised into 10 units ranging in size from (2,500-21,250 sf), fully leased to diverse mix of tenants, and a W.A.L.T. 3.9 Years, with in-place rents averaging ~$21.55 psf. The Property has benefited from strong recent leasing activity due to it’s superior quality, location, and unique outdoor storage offering, attracting an influx of tenants.

Basic Details
Property Type : Industrial
Listing Type : For Sale
Listing ID : N9378011
Price : $50,000,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 5
Address
Postal Code : L4K 1K3
City : Vaughan
Street : Bowes
Street Number : 450
Street Suffix : Rd
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Heating System : Gas Forced Air Open
Brokerage
Office Name : JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Extra Information
Air Conditioning : Y
Area : York
living_area : 0
living_area_unit : Sqft
Community : Brownridge
Extras : Buyers to confirm all information independently.
Lease : Sale
Tax Year : 2024

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450 Bowes Rd Vaughan, Ontario L4K 1K3