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$ 12,500,000
Est. payment /mo
New
624 McGeachie DR Milton, ON L9T 3Y5
30,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 30,500 sqft
Price per Sqft $409
Subdivision 1034 - Mn Milton North
MLS Listing ID W14177952
Annual Tax Amount $71,851
Tax Year 2025
Property Sub-Type Investment
Property Description
Solid Investment for the future. Net leased industrial building in 4th year of 5 year term.5 year Renewal option in lease. Rates to be negotiated in 5th year. Tenant is Axalta Coating Systems, a premier global manufacturer of automotive coatings and repair products.Majority of distribution from this plant. Two plants in Milton area are an integral part of Companies global operations.Roof replaced in 2024. Numerous upgrades to building including Tyco, Ansul sprinkler fire suppression system, Draiger air monitoring system, back up generators and nitrogen regeneration system. 800 amp/600 volt electrical system.M-2 zoning with outside storage. Replacement cost of building far greater than list price.Very desirable location close too 400 series highways and skilled labor pool. Vendor would like 624 and 604 McGeachie sold to one Buyer.
Location
Province ON
County Halton
Area Halton
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 211.7
Lot Depth 332.81
Others
Security Features Yes
ParcelsYN No
Listed by Nucorp Realty International