$14,500,000
( $446.15Per Sq Foot )
$77,839 forsale estimated payment Sourced by Back At You604 Mcgeachie Drive , Milton, ON L9T 3Y5
Milton, ON L9T 3Y5
Description
Solid Investment. 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 improvements made to building to permit manufacture and distribution of industrial coatings. Zoning M-2. 1200 amp /600 volt electrical system..Clean Environmental Report available. Replacement cost far greater than list price of building. Great upside in future lease rates. A smart investment for the future.
Details
| Mls | W10430840 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | New |
| Days On Site | 24 |
| Listing Provided By | NUCORP REALTY LTD. | Not Provided |
Features
| Sq Feet | 32,500 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Halton |
| City | Milton |
| Zip Code | L9T 3Y5 |
| Area | Esquesing |
| Listing VS Median (in L9T 3Y5) | |
Price: $14,500,000 low | high Med: $14,500,000 SqFt: 32,500 low | high Med: 30,500 $ / SqFt: $446 low | high Med: $475 On Site: 24 low | high Med: 24.000000 | |
Listing Updated: November 29, 2024 at 5:44:58 PM PST