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$ 14,500,000
Est. payment /mo
Active
604 Mcgeachie DR S Milton, ON L9T 3Y5
32,500 SqFt
UPDATED:
02/12/2025 06:47 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 32,500 sqft
Price per Sqft $446
Subdivision Esquesing
MLS Listing ID W10430840
Annual Tax Amount $77,178
Tax Year 2024
Property Sub-Type Industrial
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.
Location
State ON
County Halton
Community Esquesing
Area Halton
Interior
Heating Yes
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 271.02
Lot Depth 327.52
Building
Lot Description Irregular Lot
Others
Security Features Yes
Listed by NUCORP REALTY LTD.