Industrial

624 Mcgeachie Dr, Milton, Ontario L9T 3Y5

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Property Description

Solid investment for the future .Fully fixtured industrial building with diverse manufacturing capabilities already installed. Net Leased industrial building.Currently Fully outfitted for manufacture and distribution of automotive refinishing and and repair products. Zoning conforms. Tenant is Axalta Coating Systems, a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available .Replacement cost of building far greater than list price. This highly desirable Location with M-2 zoning very difficult to replace. Close to 400 series roads and skilled labor pool. Great secure investment for the future.

Basic Details
Property Type : Industrial
Listing Type : For Sale
Listing ID : W10430829
Price : $14,500,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 85
Address
Postal Code : L9T 3Y5
City : Milton
Street : Mcgeachie
Street Number : 624
Street Suffix : Dr
Floor Number : 0
Longitude : W80° 6' 45.8''
Latitude : N43° 31' 55.5''
Features
Heating System : Gas Forced Air Closd
Brokerage
Office Name : NUCORP REALTY LTD.
Extra Information
address/street_dir_suffix : S
Air Conditioning : Part
Area : Halton
living_area : 0
living_area_unit : Sqft
Community : Esquesing
Lease : Sale
Street Direction : S
Tax Year : 2024
Industrial For Sale
  • Listing ID : W10430829
  • Lot Area : 0 Sqft
  • Visits : 59 in 69 days
$14,500,000