604 Mcgeachie Drive S
NEW PRICE/MANUFACTURING PLANT / NEW PRICE/ Solid / secure Investment for the future.. Excellent opportunity to acquire Industrial building with diverse manufacturing capabilities already installed. Net Leased Industrial building.Substantial investment in building infrastructure. Five year lease with 3 years remaining.Solid Covenant. Tenant is Axalta Coating Systems. Premier global manufacturer of automotive refinishing and repair products. Headquartered in Philadelphia with 2023 sales of 5.5 Billion. 12,700 employees worldwide. Numerous expensive internal improvements made to building to permit manufacture and distribution of industrial automotive coatings. Zoning M-2. 1200 amp /600 volt electrical system..Roof upgraded in 2024. Current Clean Environmental Report available. Replacement cost of building with manufacturing improvements in place far greater than current list price of building. Great upside for future lease rates. A smart investment for the future. Difficult and expensive to duplicate today in close proximity to 400 series highways and experienced labor pool.
Features of 604 Mcgeachie Drive S
| MLS® # | W10430840 |
|---|---|
| Price | $12,900,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 604 Mcgeachie Drive S |
|---|---|
| Area | Halton |
| Neighborhood | 1034 - MN Milton North |
| City | Milton |
| Province | ON |
| Postal Code | L9T 3Y5 |
Amenities
| Garage Type | None |
|---|
Interior
| Heating | Gas Forced Air Closed |
|---|---|
| Cooling | Partial |
| Fireplace | No |
Listing Details
| Office | NUCORP REALTY LTD. |
|---|