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Home ON Greater Toronto Area Milton 401 Business Park
604 MCGEACHIE DRIVE S
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604 MCGEACHIE DRIVE S $14,500,000
$14,500,000
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604 MCGEACHIE DRIVE S
Milton (Esquesing), Ontario L9T3Y5

MLS® Number: W10430840

Listing Description

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. (38114537)

Location Description

Harrop Dr. And Mcgeachie Dr

Property Summary

Property Type
Industrial
Building Type
Warehouse
Community Name
Esquesing
Land Size
271.02 ; 1.9 Acres Irregular
Annual Property Taxes
$77,178.64
Time on REALTOR.ca
23 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Industrial (Warehouse)

Measurements

Square Footage
32500 sqft

Land

Lot Features
Frontage
271 ft ,2 in
Other Property Information
Zoning Description
M-2
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
PAUL JOSEPH BORCSOK