$ 14,500,000
604 Mcgeachie DR S Milton, ON L9T 3Y5
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$ 14,500,000
Est. payment /mo
New
604 Mcgeachie DR S Milton, ON L9T 3Y5
32,500 SqFt
UPDATED:
11/25/2024 07:07 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
MLS Listing ID W10430840
Annual Tax Amount $77,178
Tax Year 2024
Property 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 coatings. Zoning M-2. 1200 amp /600 volt electrical system..Clean Environmental Report available. Replacement cost far greater than list price of building. Great upside in future lease rates. A smart investment for the future.
Location
Province ON
County Halton
Area Esquesing
Interior
Heating Yes
Cooling Partial
Exterior
Utilities Available Yes
Building
Lot Description Irregular Lot
Others
Security Features Yes
Listed by NUCORP REALTY LTD.
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