624 Mcgeachie Drive

Milton, L9T 3Y5
FOR SALE
$14,800,000
624 Mcgeachie Drive, Milton
624 Mcgeachie Drive
624 Mcgeachie Drive
Investment
CATEGORY
28,975 Sq Ft
INDUSTRIAL AREA
W13210506
MLSID
Contact Us
Property Description
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 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 close to Toronto /Mississauga /Burlington 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 full appreciate the investment.
Property Details
Address
624 Mcgeachie Drive
City
Postal Code
L9T 3Y5
Property Type
Investment, Investment
Use
Industrial
Zoning
M-2
Lot Size
212' x 333'
Industrial Area
28,975 Sq Ft
Taxes
$56,204 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with Nucorp Realty International
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