List Price: $14,500,000
604 Mcgeachie Drive, Milton, L9T 3Y5
- By NUCORP REALTY LTD.
Industrial|MLS - #W10430840|New
Bed
Bath
32500 Sqft.
None Garage
Client Remarks
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. 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 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.
Property Description
604 Mcgeachie Drive, Milton, L9T 3Y5
Property type
Industrial
Lot size
N/A acres
Style
Approx. Area
32500 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
32500
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--
Walk around the neighborhood
604 Mcgeachie Drive, Milton, L9T 3Y5Nearby Places
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
MORTGAGE INFO
ESTIMATED PAYMENT
$0 Principal and Interest
$0 Property Taxes
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