$14,500,000
( $446.15Per Sq Foot )
 $77,839 est/mo Sourced by Back At You

604 Mcgeachie Drive , Milton, ON L9T 3Y5

Milton, ON L9T 3Y5

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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 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.

Details

MLS#W10430840
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site85
Listing Provided ByNUCORP REALTY LTD. | Not Provided

Features

SQ Feet32,500
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 24 minutes ago
StateON
CountyHalton
CityMilton
Zip CodeL9T 3Y5
AreaEsquesing
Listing VS Median (in L9T 3Y5)
Price:
$14,500,000
low | high
Med:
$14,500,000
50% of Average
SqFt:
32,500
low | high
Med:
30,500
56.153846153846% of Average
$ / SqFt:
$446
low | high
Med:
$475
43.44262295082% of Average
On Site:
85
low | high
Med:
85.000000
100% of Average
Sourced by Back At You
Listing Updated: January 31, 2025 at 10:06:35 AM PST