624 MCGEACHIE DRIVE
Milton (MN Milton North), Ontario
MLS® W14177952
$12,500,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- W14177952
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
Solid Investment for the future. Net leased industrial building in 4th year of 5 year term. 5 year Renewal option in lease.
Rates to be negotiated in 5th year. Tenant is Axalta Coating Systems, a premier global manufacturer of automotive coatings and repair products. Majority of distribution from this plant.
Two plants in Milton area are an integral part of Companies global operations. Roof replaced in 2024. Numerous upgrades to building including Tyco, Ansul sprinkler fire suppression system, Draiger air monitoring system, back up generators and nitrogen regeneration system.
800 amp/600 volt electrical system. M-2 zoning with outside storage. Replacement cost of building far greater than list price.
Very desirable location close too 400 series highways and skilled labor pool. Vendor would like 624 and 604 McGeachie sold to one Buyer.
Property summary
- MLS® number
- W14177952
- Property type
- Industrial
- Size
- 30,500 sq ft
- Land size
- 211.7 x 332.81 FT
- Annual property taxes
- $71,851.00
- 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 $12,500,000 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.