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$14,500,000
Available - For Sale
Listing ID: W10430840
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.
Price $14,500,000
Taxes: $77,178.64
Tax Type: Annual
Occupancy by: Tenant
Address: 604 Mcgeachie Dr South , Milton, L9T 3Y5, Ontario
Postal Code: L9T 3Y5
Province/State: Ontario
Legal Description: Con 3 Ptlot1 Rp20R3449 Pts 4,9 Rp20R1612
Lot Size: 271.02 x 327.52 (Acres)
Directions/Cross Streets: Harrop Dr. And Mcgeachie Dr,
Zoning: M-2
Category: Free Standing
Use: Warehousing
Building Percentage: Y
Total Area: 32,500
Total Area Code:  Sq Ft
Industrial Area: 30875
Office/Appartment Area Code: Sq Ft
Sprinklers: Y
Rail: N
Clear Height Feet: 18
Truck Level Shipping Doors #: 2
Double Man Shipping Doors #: 1
Drive-In Level Shipping Doors #: 1
Grade Level Shipping Doors #: 1
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
NUCORP REALTY LTD.

604 Mcgeachie Dr South , Milton, L9T 3Y5, Ontario


 
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At a Glance:
Type: Com - Industrial
Area: Halton
Municipality: Milton
Neighbourhood: Esquesing
Style:
Lot Size: 271.02 x 327.52(Acres)
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Tax: $77,178.64
Maintenance Fee: $0
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