Industrial

604 Mcgeachie Dr, Milton, Ontario L9T 3Y5

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Property Description

Solid / secure Investment for the future.. Excellent opportunity to acquire Industrial building with diverse manufacturing capabilities already installed. Net 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 internal improvements made to building to permit manufacture and distribution of industrial automotive coatings. Zoning M-2. 1200 amp /600 volt electrical system..Roof upgraded in 2024. Current Clean Environmental Report available. Replacement cost of building with manufacturing improvements in place far greater than current list price of building. Great upside for future lease rates. A smart investment for the future. Difficult and expensive to duplicate today in close proximity to 400 series highways and experienced labor pool.

Basic Details
Property Type : Industrial
Listing Type : For Sale
Listing ID : W10430840
Price : $14,500,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 86
Address
Postal Code : L9T 3Y5
City : Milton
Street : Mcgeachie
Street Number : 604
Street Suffix : Dr
Floor Number : 0
Longitude : W80° 6' 44.4''
Latitude : N43° 31' 54.2''
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 : W10430840
  • Lot Area : 0 Sqft
  • Visits : 65 in 69 days
$14,500,000