2270 Speers Rd
19,064 SF Industrial Building Oakville, ON L6L 2X8 $5,984,307 USD ($314 USD/SF) 2.21% Cap Rate
Investment Highlights
- Currently leased to two tenants, landlord has early termination rights.
- Well-located and visible building on busy Speers Road with quick access to the QEW
- Excess land of 1.00 acre
Executive Summary
Long-term opportunity to add more residential/commercial density via the Bronte MTSA
Property Facts
Price | $5,984,307 USD |
Price Per SF | $314 USD |
Sale Type | Investment |
Cap Rate | 2.21% |
Sale Conditions | Redevelopment Project |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 1.62 AC |
Rentable Building Area | 19,064 SF |
No. Stories | 2 |
Year Built | 1974 |
Tenancy | Single |
Parking Ratio | 0.42/1,000 SF |
No. Dock-High Doors/Loading | 2 |
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zoning
Zoning Code | E1 (Employment) |