ON > Milton
Milton, ON L9T 3Y5,624 Mcgeachie DR S
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Milton, ON L9T 3Y5,624 Mcgeachie DR S
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 14,500,000
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624 Mcgeachie DR S Milton, ON L9T 3Y5

30,500 SqFt

UPDATED:

11/25/2024 07:23 PM

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

Listed by NUCORP REALTY LTD.
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624 Mcgeachie DR S