$14,500,000
( $475.41Per Sq Foot )
 $77,839 est/mo Sourced by Back At You

624 Mcgeachie Drive , Milton, ON L9T 3Y5

Milton, ON L9T 3Y5

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Description

Solid investment. Leased industrial building.Fully outfitted for manufacture and distribution of automotive refinishing and and repair products. Zoning conforms. 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 highly desirable Location with M-2 zoning very difficult to replace. Close to 400 series roads and skilled labor pool. Great secure investment for the future.

Details

MLS#W10430829
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site90
Listing Provided ByNUCORP REALTY LTD. | Not Provided

Features

SQ Feet30,500
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 34 minutes ago
StateON
CountyHalton
CityMilton
Zip CodeL9T 3Y5
AreaEsquesing
Listing VS Median (in L9T 3Y5)
Price:
$14,500,000
low | high
Med:
$14,500,000
50% of Average
SqFt:
30,500
low | high
Med:
31,500
46.72131147541% of Average
$ / SqFt:
$475
low | high
Med:
$461
53.076923076923% of Average
On Site:
90
low | high
Med:
90.000000
100% of Average
Sourced by Back At You
Listing Updated: January 31, 2025 at 10:06:35 AM PST