$2,579,000
Last price change Jun 3
140 ELIZABETH Street, Lambton Shores, ON N0M 2N0
Property Description
Property type
Industrial
Lot size
N/A
Style
Approx. Area
50001 Sqft
About 140 ELIZABETH Street
100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 9.5% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402.
Home Overview
Last updated
Jun 3
Virtual tour
None
Basement information
Building size
50001
Status
In-Active
Property sub type
Industrial
Maintenance fee
$N/A
Year built
2023
Additional Details
Price Comparison
Location
Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - ELIZABETH Street
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