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5600 Cancross Ct

99,780 SF Office Building Mississauga, ON L5R 3E9 $20,814,884 USD ($209 USD/SF)

Investment Highlights

  • Natural light exposure
  • Heavy commercialized area

Executive Summary

Colliers International Group Inc. has been retained by the Vendor as exclusive advisor (“Advisor”) to seek proposals for the disposition of 5600 Cancross Court, Mississauga, Ontario. The Property is offered for sale at a listing price of $37,500,000 and will be sold free and clear of debt. The Vendor’s objective is to maximize sale proceeds and preference will be given to offers with limited conditionality. Closing will be conditional on severance (estimated completion Q4 2023), occupancy may commence prior to closing based on terms to be agreed to. Interested purchasers will be required to execute and submit the Vendor’s form of Confidentiality Agreement (“CA”) prior to receiving detailed information on the Offering which may be accessed by an online data room.

Property Facts Under Contract

Sale Type
Owner User
Property Type
Office
Building Size
99,780 SF
Building Class
B
Year Built
1988
Price
$20,814,884 USD
Price Per SF
$209 USD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
49,890 SF
Slab To Slab
13’
Building FAR
0.25
Lot Size
9.18 AC
Zoning
E2
Parking
300 Spaces (3.01 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wi-Fi
  • Air Conditioning
  • Listing ID: 29084986

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: 5600 Cancross Ct, Mississauga, ON L5R 3E9

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