604 MCGEACHIE DRIVE S
Milton (MN Milton North), Ontario
MLS® W14177908
$12,750,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- W14177908
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
Solid/ Secure Investment. Net leased industrial building with a substantial infrastructure investment in the building. Nearing end of 4th year in 5 year lease.
5 year Renewal option in place. Rates to be negotiated. Tenant is Axalta Coating Systems.
They are a Premier Global manufacturer of automotive refinishing and repair products. Headquartered in Philadelphia with 2025 sales of 5. 1 billion US.
Numerous internal improvements in building to permit manufacture and distribution of industrial automotive coatings. M-2 zoning,1200 amp 600 volt electrical system. Tank farm at rear of building.
Roof updated 2024 . This is a key manufacturing plant in their worldwide operations. Replacement cost of buildings far greater than List price.
Proximity to 400 series highways and experienced labor pool difficult to replace. Vendor would like building to be sold with 624 McGeachie. Same Tenant and use.
Property summary
- MLS® number
- W14177908
- Property type
- Industrial
- Size
- 32,500 sq ft
- Land size
- 1.9 acres
- Annual property taxes
- $56,203.00
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $12,750,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Nucorp Realty International, Mississauga.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.