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1244 Speers Road
Oakville, ON L6L 2X4
Price
$6,495,000
Building Size
18,736 sq ft
Lot: 1.08 acres (47,045 sq ft)
MLS# W13224578 | Listed by COLLIERS
Business Details
Business Type
Warehouse
Property Use
Multi-Unit
Commercial Space & Financials
Industrial Area
81 sq ft
Office / Apt Area
19 sq ft
Taxes (Annual)
$32,060.87
Industrial Specifications
Clear Height
12 ft
Lot Size
78.73' × 434.08'
Structure
Freestanding
Property Description
6.27% year 1 capitalization rate investment sale offering! Professionally managed multi-tenant industrial investment offering with 15 in-place tenants across 15 separately metered units - 100% leased. Unit sizes ranging from 902-1,367 sq ft, each with drive-in doors. Modernized rents with strong annual escalations. Average lease term remaining of ~1.18 yrs. Strong curb appeal and Speers Road frontage. Recent site improvements include: brand new asphalt, office and warehouse LED lighting, office and warehouse paint, office flooring replacement, ground and polished floors, new bathroom vanities, and new unit & pylon signage.
Price & Status History
Price history is locked
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Listing Courtesy of: COLLIERS
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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