604 Mcgeachie Drive S
Milton, ON L9T 3Y5
Price
$12,750,000
Building Size
32,500 sq ft
Lot: 1.90 acres (82,764 sq ft)
MLS# W14177908 | Listed by Nucorp Realty International
Business Details
Business Type
Factory/Manufacturing
Property Use
Free Standing
Commercial Space & Financials
Industrial Area
30,875 sq ft
Taxes (Annual)
$56,203
Industrial Specifications
Clear Height
20 ft
Lot Size
271.02' × 327.52'
Structure
Freestanding
Property Description
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.
Price & Status History
Price history is locked
Location
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604 Mcgeachie Drive S, Milton L9T 3Y5
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Listing Courtesy of: Nucorp Realty International
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