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624 Mcgeachie Drive S Milton, Ontario L9T 3Y5

30500 sqft
Partially Air Conditioned Forced Air

$14,800,000

Excellent investment opportunity for today and the future. Leased Industrial Building in final 2 years of 5 year net lease with option to renew. Strong covenant. Tenant is a division of a 5 billion a year in sales ,United States Multi National company with a long history in the Automotive refinishing and repair products market. Extensive investment has been made in the infrastructure of the building including oversized ventilation system,Tyco/Ansul Sprinkler Fire Suppression System , Draiger Air Monitoring System,Nitrogen Generation System,Tank Farm,Back up Generators,Plug Alarms,Donaldson Air Filters and Heavy Electrical Power.Zoning is M-2 permitting heavy uses and outside storage. Location of buildings is in GTA and is accessed by major roads.Replacement cost of building far greater than purchase Price. Environmental Assessment available. Interior of buildings very clean.A tour should be booked too fully appreciate the investment. (id:60365)

Property Details

MLS® Number W13210506
Property Type Industrial
Community Name 1034 - MN Milton North

Building

CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 30500 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 332 Ft ,9 In
SizeFrontage 211 Ft ,8 In
SizeIrregular 211.7 X 332.81 Ft ; 1.61 Acres Irregular Lot
SizeTotalText 211.7 X 332.81 Ft ; 1.61 Acres Irregular Lot
ZoningDescription M-2

https://www.realtor.ca/real-estate/29820589/624-mcgeachie-drive-s-milton-mn-milton-north-1034-mn-milton-north

Paul Joseph Borcsok
Broker


Nucorp Realty International
5160 Explorer Drive, Unit 23
Mississauga, Ontario L4W 4T7

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