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.
MLS# | W10430829 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 84 |
Listing Provided By | NUCORP REALTY LTD. | Not Provided |
SQ Feet | 30,500 |
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State | ON |
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County | Halton |
City | Milton |
Zip Code | L9T 3Y5 |
Area | Esquesing |
Listing VS Median (in L9T 3Y5) | |
Price: $14,500,000 low | high Med: $14,500,000 SqFt: 30,500 low | high Med: 30,500 $ / SqFt: $475 low | high Med: $475 On Site: 84 low | high Med: 84.000000 |