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$ 14,500,000
Est. payment /mo
Active
624 Mcgeachie DR S Milton, ON L9T 3Y5
30,500 SqFt
UPDATED:
02/12/2025 06:42 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 30,500 sqft
Price per Sqft $475
Subdivision Esquesing
MLS Listing ID W10430829
Annual Tax Amount $60,381
Tax Year 2024
Property Sub-Type Industrial
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.
Location
State ON
County Halton
Community Esquesing
Area Halton
Interior
Heating Yes
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 211.7
Lot Depth 332.81
Building
Lot Description Irregular Lot
Others
Security Features Yes
Listed by NUCORP REALTY LTD.