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624 Mcgeachie Drive Milton, Ontario

PROPERTY INFO

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:4555)

PROPERTY SPECS

Price $14,800,000
City Milton, Ontario
Address 624 Mcgeachie Drive
Listing ID W13210506
Type Industrial/Commercial
Status For Sale

EXTENDED FEATURES

Subtype Industrial Ownership Freehold Heating / Cooling Forced air, Natural gas



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