624 Mcgeachie Drive S Milton, Ontario L9T 3Y5
$14,800,000
Excellent investment opportunity for today and the future. Leased Industrial Building in final 2 years of 5 year net lease with option to renew. Strong covenant. Tenant is a division of a 5 billion a year in sales ,United States Multi National company with a long history in the Automotive refinishing and repair products market. Extensive investment has been made in the infrastructure of the building including oversized ventilation system,Tyco/Ansul Sprinkler Fire Suppression System , Draiger Air Monitoring System,Nitrogen Generation System,Tank Farm,Back up Generators,Plug Alarms,Donaldson Air Filters and Heavy Electrical Power.Zoning is M-2 permitting heavy uses and outside storage. Location of buildings is in GTA and is accessed by major roads.Replacement cost of building far greater than purchase Price. Environmental Assessment available. Interior of buildings very clean.A tour should be booked too fully appreciate the investment. (id:60234)
Property Details
| MLS® Number | W13210506 |
| Property Type | Industrial |
| Community Name | 1034 - MN Milton North |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 30,500 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 332 Ft ,9 In |
| Size Frontage | 211 Ft ,8 In |
| Size Irregular | 211.7 X 332.81 Ft ; 1.61 Acres Irregular Lot |
| Size Total Text | 211.7 X 332.81 Ft ; 1.61 Acres Irregular Lot |
| Zoning Description | M-2 |
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May 29 2026 01:08:25
Toronto Regional Real Estate Board
Nucorp Realty International