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

zoning

Zoning Code E1 (Employment)
  • Listing ID: 33365355

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 2270 Speers Rd, Oakville, ON L6L 2X8