604 Mcgeachie Drive S, Milton, Ontario L9T 3Y5

Listed for:
$12,750,000
0 beds
0 baths
Listed 1 day ago
604 Mcgeachie Drive S, Milton, Ontario L9T 3Y5

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About

Cross Streets: Harrop and McGeachie. ** Directions: Harrop to Mcgeachie. Solid/ Secure Investment. Net leased industrial building with a substantial infrastructure investment in the building. Nearing end of 4th year in 5 year lease. 5 year Renewal option in place. Rates to be negotiated. Tenant is Axalta Coating Systems. They are a Premier Global manufacturer of automotive refinishing and repair products. Headquartered in Philadelphia with 2025 sales of 5.1 billion US. Numerous internal improvements in building to permit manufacture and distribution of industrial automotive coatings. M-2 zoning,1200 amp 600 volt electrical system.Tank farm at rear of building.Roof updated 2024 . This is a key manufacturing plant in their worldwide operations. Replacement cost of buildings far greater than List price. Proximity to 400 series highways and experienced labor pool difficult to replace.Vendor would like building to be sold with 624 McGeachie. Same Tenant and use. (id:27476)

Property Highlights

MLS® Number
W14177908
Type
Industrial
Community Name
1034 - MN Milton North
Land Size
1.9 ac

Building

Square Footage
32500 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Nucorp Realty International
MLS® number:
W14177908
Agent:
Paul Joseph Borcsok
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