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88 Foster Cres

246,504 SF of 4-Star Industrial Space Available in Mississauga, ON L5R 4A2

Highlights

  • 88 Foster Crescent in Mississauga offers premier industrial space, ideally located along Hwy 401, equipped for smooth warehousing and distribution.
  • Property provides excellent operational logistics with 309 surface parking spaces, loading ramp access, and ample dock-high doors with levelers.
  • Durable 7-inch concrete slab, ESFR K-14 sprinkler system, and an existing backup generator are well-suited for diverse industrial operations.
  • Minutes to Toronto Pearson International Airport and under an hour to Downtown Toronto, 88 Foster Crescent offers access to a robust labour pool.

Features

Clear Height
37’
Column Spacing
40’ x 33’
Warehouse Floor
7”
Drive In Bays
2
Exterior Dock Doors
48
Levelers
48
Standard Parking Spaces
309

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor - 20
  • 246,504 SF
  • 5 Years
  • $12.46 USD/SF/YR $1.04 USD/SF/MO $3,071,952 USD/YR $255,996 USD/MO
  • Industrial
  • Full Build-Out
  • Now

246,504 square feet of prime distribution space is available at 88 Foster Crescent. This impressive space includes a proposed 5,710-square-foot office and features 23 (9-foot by 10-foot) dock-high doors and one (12-foot by 14-foot) ramp for efficient loading and unloading. The property boasts a substantial 37-foot clear height and has a backup power generator to ensure uninterrupted operations. Additionally, this presents an exceptional signage opportunity, allowing businesses to expand on branding exposure. A minimum lease term of five years is expected.

  • Lease rate does not include utilities, property expenses or building services
  • 1 Drive Bay
  • 23 Loading Docks
  • Existing back-up power generator
  • Includes 5,710 SF of dedicated office space
  • Space is in Excellent Condition
  • Highway 401 frontage
  • Design-build office opportunity
Space Size Term Rental Rate Space Use Condition Available
1st Floor - 20 246,504 SF 5 Years $12.46 USD/SF/YR $1.04 USD/SF/MO $3,071,952 USD/YR $255,996 USD/MO Industrial Full Build-Out Now

1st Floor - 20

Size
246,504 SF
Term
5 Years
Rental Rate
$12.46 USD/SF/YR $1.04 USD/SF/MO $3,071,952 USD/YR $255,996 USD/MO
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor - 20

Size 246,504 SF
Term 5 Years
Rental Rate $12.46 USD/SF/YR
Space Use Industrial
Condition Full Build-Out
Available Now

246,504 square feet of prime distribution space is available at 88 Foster Crescent. This impressive space includes a proposed 5,710-square-foot office and features 23 (9-foot by 10-foot) dock-high doors and one (12-foot by 14-foot) ramp for efficient loading and unloading. The property boasts a substantial 37-foot clear height and has a backup power generator to ensure uninterrupted operations. Additionally, this presents an exceptional signage opportunity, allowing businesses to expand on branding exposure. A minimum lease term of five years is expected.

  • Lease rate does not include utilities, property expenses or building services
  • Includes 5,710 SF of dedicated office space
  • 1 Drive Bay
  • Space is in Excellent Condition
  • 23 Loading Docks
  • Highway 401 frontage
  • Existing back-up power generator
  • Design-build office opportunity

Property Overview

88 Foster Crescent is a premier industrial distribution centre in Mississauga, ideally positioned along the highly trafficked Ontario Highway 401. This expansive 593,104-square-foot facility is set on a generous 22.87 acres and features 48 dock-high doors, each measuring 9 feet by 10 feet and equipped with levelers, along with two 12-foot by 14-foot loading ramps to streamline operations. The building features a robust 7-inch concrete slab and a modern ESFR K-14 sprinkler system, ensuring durability and safety. With a 40-foot column spacing and a single-load configuration, the space efficiently accommodates a range of industrial needs. The property includes 309 surface parking spaces and has an existing backup generator to ensure continuous operations. About half of the space is available for lease, providing an exceptional signage opportunity for future tenants. The location offers proximity to the Greater Toronto Area's robust labour pool and numerous local amenities such as restaurants, retailers, hotels, and the BraeBen Golf Course. Additionally, it is just 18 minutes from Toronto Pearson International Airport (YYZ) and less than an hour to Downtown Toronto via the Frederick G. Gardiner Expressway, making it a prime spot for logistics and business operations.

Distribution FACILITY FACTS

Building Size
593,104 SF
Lot Size
22.87 AC
Year Built
1999
Sprinkler System
ESFR
Power Supply
Amps: 1,200 Volts: 600 Phase: 3
Zoning
E2-24 - Employment Zone

Marketing Brochure

DEMOGRAPHICS

Regional Accessibility

50 Km. 50 Km. 100 Km. 100 Km. 500 Km. 500 Km.
CITY
POPULATION
KM
DRIVE TIME
Mississauga
668,549
10
0 h 15 m
North York
636,000
26
0 h 25 m
Toronto
2,600,000
33
0 h 35 m
Ottawa
812,129
464
5 h 52 m
Montréal
1,600,000
554
7 h 1 m
ACCESS AND LABOR FORCE
10 KM
Total Population
-
Total Labor Force
694,535
Unemployment Rate
-
Median Household Income
$81,394
Warehouse Employees
26,638
High School Education Or Higher
90.80%
$ values in CAD

Nearby Amenities

Restaurants

Select Sandwich - - 8 min walk
Tim Hortons Cafe $ 15 min walk
Wendy's - - 15 min walk
La Mill - - 21 min walk
Sandwich Board - - 20 min walk
Swiss Chalet Fast Food - 20 min walk

Retail

Gallagher Insurance 8 min walk
PartSource Dept Store 8 min walk
CIBC Bank 8 min walk
Gateway Newstand Convenience Market 8 min walk
Winners Off-Price 11 min walk
Amazon Other Retail 15 min walk

Hotels

Hyatt Place
123 rooms
4 min drive
Residence Inn
90 rooms
6 min drive
Courtyard
125 rooms
7 min drive
Best Western Executive Residency
84 rooms
6 min drive

Leasing Agent

Leasing Agent

(905) 677-5480
Contact
Chris Wood, VP, Industrial & Office Leasing
(905) 677-5480
Contact
Chris joined Orlando Corporation as a Project Manager for their Construction Division in 2003 where he completed many renovation and speculative construction projects throughout the company’s Industrial, Office, and Retail Portfolios. His transition into the Leasing Division brings with it a wealth of practical experience and a thorough understanding of the company’s operations which is a testament to the company’s philosophy of building their talent from within.

About the Owner

Read More
  • Listing ID: 31679460

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 88 Foster Cres, Mississauga, ON L5R 4A2

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