624 Mcgeachie Drive, Milton, ON L9T 3Y5

Milton L9T 3Y5 Ontario

MLS: W10430829

$12,900,000

Added 1 day ago | For Sale

Listed by: NUCORP REALTY LTD.

About Property

NEW PRICE /MANUFACTURING PLANT/ NEW PRICE Solid investment for the future .Fully fixtured industrial building with diverse manufacturing capabilities already installed. Net Leased industrial building.Currently 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.

Features

  • House Style:Industrial
  • Bathrooms:
  • Land Size: 211.7 X 332.81
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Harrop Rd. And Mcgeachie Dr.
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $60381.71
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W10430829

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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