$12,990,000
Available - For Sale
Listing ID: W10430829
624 Mcgeachie Drive South , Milton, L9T 3Y5, Halton
| MODERN MANUFACTURING PLANT Solid investment for the future .Fully fixtured industrial building with diverse manufacturing capabilities already installed. Net Leased industrial building.Currently Fully outfitted for manufacture and distribution of automotive refinishing and and repair products (Paints). 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 18 months 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. Company also as similar industrial plant in Michigan USA. |
| Price | $12,990,000 |
| Taxes: | $60381.71 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 624 Mcgeachie Drive South , Milton, L9T 3Y5, Halton |
| Postal Code: | L9T 3Y5 |
| Province/State: | Halton |
| Legal Description: | Con. 3 Pt Lot 1 Rp20R3449 Parts 5,10,13, |
| Lot Size: | 211.70 x 332.81 (Acres) |
| Directions/Cross Streets: | Harrop Rd. And Mcgeachie Dr. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 |
| Category: | Industrial |
| Building Percentage: | T |
| Total Area: | 30500.00 |
| Total Area Code: | Square Feet |
| Industrial Area: | 28975 |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Outside Storage: | T |
| Rail: | N |
| Soil Test: | Yes |
| Clear Height Feet: | 18 |
| Volts: | 600 |
| Truck Level Shipping Doors #: | 8 |
| Height Feet: | 14 |
| Width Feet: | 8 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 1 |
| Height Feet: | 14 |
| Width Feet: | 12 |
| Grade Level Shipping Doors #: | 1 |
| Height Feet: | 10 |
| Width Feet: | 8 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary+Storm |
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At a Glance:
| Type: | Com - Investment |
| Area: | Halton |
| Municipality: | Milton |
| Neighbourhood: | 1034 - MN Milton North |
| Lot Size: | 211.70 x 332.81(Acres) |
| Tax: | $60,381.71 |
| Fireplace: | N |
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