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1094 Westport Cres

15,393 SF 100% Leased Industrial Building Mississauga, ON L5T 1G1 $8,755,973 USD ($569 USD/SF) 2.92% Cap Rate

Executive Summary

15,393 sq ft industrial building (main floor) : Detached Brick & Block & Steel Structure,. Fenced & paved lot, 10 - 10 & 12 FT Grade Level Doors, 4 Fully Demised units. Separately metered with gas, hydro - Radiant Heating with One FAG unit & Roof Mounted Air Conditioning Units. Legally registered municipally as multi-tenanted industrial complex with Two Registered Auto Body Spray Booths (1 Truck Down Draft Spray Booth). 600 Volt 600 Amp 3 Phase Electrical, Sprinklers, Oil Separator, Full Outside Storage Allowance 2015 Environmental Phase I & II Reports & Review & Reliance Letter.

Attachments

1094 Westport

Property Facts

Price $8,755,973 USD
Price Per SF $569 USD
Sale Type Investment
Cap Rate 2.92%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.84 AC
Rentable Building Area 15,393 SF
No. Stories 1
Year Built 1979
Parking Ratio 3.25/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 9

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Absolut Automotive
  • -
  • -
  • -
  • -
  • Gallego's Auto & Detailing
  • -
  • 3,000 SF
  • -
  • -
  • Protech Auto Repair
  • -
  • -
  • -
  • -
  • Ser 68 Auto Body Solutions Inc
  • -
  • 3,000 SF
  • -
  • -
  • Westport Auto Collision Inc
  • -
  • 1,546 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Absolut Automotive - - - -
Gallego's Auto & Detailing - 3,000 SF - -
Protech Auto Repair - - - -
Ser 68 Auto Body Solutions Inc - 3,000 SF - -
Westport Auto Collision Inc - 1,546 SF - -

zoning

Zoning Code E3 (Employment Industrial Zone)
E3 (Employment Industrial Zone)
  • Listing ID: 16573707

  • Date on Market: 7/10/2019

  • Last Updated:

  • Address: 1094 Westport Cres, Mississauga, ON L5T 1G1

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