$12,999,999
Last price change Jun 30
604 Mcgeachie Drive, Milton, ON L9T 3Y5
Property Description
Property type
Industrial
Lot size
N/A
Style
Approx. Area
32500 Sqft
About 604 Mcgeachie Drive
MANUFACTURING PLANT / Solid / secure Investment for the future.. Excellent opportunity to acquire Industrial building with diverse manufacturing capabilities already installed. Net Leased Industrial building.Substantial investment in building infrastructure. Has a Five year net 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 internal 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.
Home Overview
Last updated
Jun 30
Virtual tour
None
Basement information
Building size
32500
Status
In-Active
Property sub type
Industrial
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location
Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Mcgeachie Drive
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