604 Mcgeachie Drive

Milton, L9T 3Y5
FOR SALE
$14,900,000
604 Mcgeachie Drive, Milton
604 Mcgeachie Drive
604 Mcgeachie Drive
Investment
CATEGORY
30,875 Sq Ft
INDUSTRIAL AREA
W13210818
MLSID
Contact Us
Property Description
Excellent Investment opportunity for today and the future. Leased Industrial Building in final 2 ears of 5 year net lease with option to renew. Strong covenant. Tenant is a division of a 5 Billion a year in sale United States Multi National Company with a long history in Automotive refinishing and repair products market. Extensive investment has been made in the infrastructure of the building including oversized ventilation system, Tyco/Ansul Sprinklers Fire Suppression System. Daiger Air Monitoring System, Nitrogen Generation System, Tank Farm, Back up Generators, Plug Alarms (2026), Donaldson Ai Filters and Heavy Electrical Power, Zoning is M-2 permitting heavy uses and outside storage. Location of building is close to GTA and has easy access to major roads and United States border. Environmental Assessment is available. Interior of buildings very clean. Replacement cost of building far greater than purchase price. A building tour should be booked to appreciate the investment and future potential to a manufacturer.
Property Details
Address
604 Mcgeachie Drive
City
Postal Code
L9T 3Y5
Property Type
Investment, Investment
Use
Industrial
Zoning
M-2
Lot Size
271' x 328'
Industrial Area
30,875 Sq Ft
Taxes
$71,851 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with Nucorp Realty International
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