10 Harlech Crt 10,074 SF 100% Leased Industrial Building Markham, ON L3T 6L5 $3,045,896 USD ($302.35 USD/SF)
INVESTMENT HIGHLIGHTS
- Fitness Centre /recreational.
- Service & repair establishment.
EXECUTIVE SUMMARY
The Property is currently improved with a 10,074 sq. ft. freestanding structure situated on a regularly configured 0.64 ac. lot. The Property currently comprises approximately 4,347 sq. ft. of office space and 5,727 sq. ft. of automotive/warehouse space. The warehouse is currently fixtured with 6 drivein level doors and a total clear height of approximately 16 ft. The Property is 85% occupied, with all automotive/ warehouse leases expiring in July 2024. The ground floor office space is tenanted by the Alzheimer Society of Canada until June 2027, with the second floor office space currently vacant. These features provide a rare and exciting opportunity for users with automotive and/or warehousing requirements, as well as investors looking to secure a multi tenant freestanding structure with significant upside in the strong York employment market.
PROPERTY FACTS
| Price | $3,045,896 USD |
| Price Per SF | $302.35 USD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.64 AC |
| Rentable Building Area | 10,074 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.04/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 6 |
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ZONING
| Zoning Code | EMP-SE (Service Employment) |
