624 Mcgeachie DR S new Save Request In-Person Tour Request Virtual Tour
Milton,ON L9T 3Y5
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 30,500 sqft
Price per Sqft $475
MLS Listing ID W10430829
Annual Tax Amount $60,381
Tax Year 2024
Property Description
Solid investment. Leased industrial building.fully equipped and zoned for manufacture and distribution of automotive refinishing and and repair products. Tenant is Axalta Coating Systems. a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available. Replacement cost of building far greater than list price. This Location with zoning very difficult to match. Great secure investment for the future.
Location
Province ON
County Halton
Area Esquesing
Interior
Heating Yes
Cooling Partial
Exterior
Utilities Available Yes
Building
Lot Description Irregular Lot
Others
Security Features Yes