Active
604 Mcgeachie Dr S
Milton Ontario, L9T 3Y5
C$14,500,000
Active
Commercial
Solid Investment. 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 improvements made to building to permit manufacture and distribution of industrial coatings. Zoning M-2. 1200 amp /600 volt electrical system..Clean Environmental Report available. Replacement cost far greater than list price of building. Great upside in future lease rates. A smart investment for the future.
W10430840
MLSⓇ ID
December 26, 2024
Updated
Map
604 Mcgeachie Dr S
Milton Ontario, L9T 3Y5
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Part
Heating
Yes
Heating Description
Gas Forced Air Closd
Exterior/Building Features
Lot Size
2.04 Acres
Other Property Details
Area Name
Esquesing
Taxes
$77,179
Tax Frequency
Annually
Garage
No
Parking
None
View
No
County
Ontario
Municipality
Milton
Water Source
Municipal
Pool
No
Zoning
M-2
Courtesy of Listed by , NUCORP REALTY LTD.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 5:55 PM UTC, 12/26/2024