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$ 12,250,000
Est. payment | /mo
80,939 SqFt
$ 12,250,000
Est. payment | /mo
80,939 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 80939
Square Footage 80,939 sqft
Price per Sqft $151
Subdivision 101 - Strathcona Central North
MLS® Listing ID 40857056
Property Sub-Type Freehold
Property Description
Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton's West Harbor. The property offers approximately 80,939 SF across three industrial units and is being offered at a 6.73% going-in cap rate, with a 3.8-year WALT and built-in rental escalations. The building features clear heights reaching approximately 54', eight drive-in doors, and 15-ton and 45-ton cranes. Zoned D2 and P5, with significant land area, ample surface parking and outdoor yard space. An opportunity to acquire a stabilized industrial asset with secure in-place income and contractual rental growth. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Real Broker Ontario Ltd.
Nearby Locations
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