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624 Mcgeachie Dr

30,500 SF Industrial Building Milton, ON L9T 3Y5 $10,131,005 USD ($332 USD/SF)

Investment Highlights

  • This Location with zoning very difficult to match.
  • Great secure investment for the future.

Executive Summary

Solid investment. Leased industrial building.fully equipped and zoned for manufacture and distribution of automotive refinishing and and repair products. Tenant is Axalta Coating Systems. a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available.

Property Facts

Price $10,131,005 USD
Price Per SF $332 USD
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Rentable Building Area 30,500 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 0.98/1,000 SF
No. Dock-High Doors/Loading 7

Amenities

  • Signage

zoning

Zoning Code M2
M2
  • Listing ID: 34226273

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 624 Mcgeachie Dr, Milton, ON L9T 3Y5

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