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604 Mcgeachie Drive S Milton, Ontario L9T 3Y5

32500 sqft
Partially Air Conditioned Forced Air

$14,900,000

Excellent Investment opportunity for today and the future. Leased Industrial Building in final 2 ears of 5 year net lease with option to renew. Strong covenant. Tenant is a division of a 5 Billion a year in sale United States Multi National Company with a long history in Automotive refinishing and repair products market. Extensive investment has been made in the infrastructure of the building including oversized ventilation system, Tyco/Ansul Sprinklers Fire Suppression System. Daiger Air Monitoring System, Nitrogen Generation System, Tank Farm, Back up Generators, Plug Alarms (2026), Donaldson Ai Filters and Heavy Electrical Power, Zoning is M-2 permitting heavy uses and outside storage. Location of building is close to GTA and has easy access to major roads and United States border. Environmental Assessment is available. Interior of buildings very clean. Replacement cost of building far greater than purchase price. A building tour should be booked to appreciate the investment and future potential to a manufacturer. (id:60365)

Property Details

MLS® Number W13210818
Property Type Industrial
Community Name 1034 - MN Milton North

Building

CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 32500 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 327 Ft ,6 In
SizeFrontage 271 Ft
SizeIrregular 271.02 X 327.52 Ft ; 1.9 Acres Irregular
SizeTotalText 271.02 X 327.52 Ft ; 1.9 Acres Irregular
ZoningDescription M-2

https://www.realtor.ca/real-estate/29821000/604-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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