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604 MCGEACHIE DRIVE S, Milton (MN Milton North) 604 MCGEACHIE DRIVE S, Milton (MN Milton North) — photo 2 604 MCGEACHIE DRIVE S, Milton (MN Milton North) — photo 3 604 MCGEACHIE DRIVE S, Milton (MN Milton North) — photo 4 604 MCGEACHIE DRIVE S, Milton (MN Milton North) — photo 5

604 MCGEACHIE DRIVE S, Milton (MN Milton North), Ontario

$12,750,000

32,500 sq ft

MLS® W14177908

Solid/ Secure Investment. Net leased industrial building with a substantial infrastructure investment in the building. Nearing end of 4th year in 5 year lease. 5 year Renewal option in place. Rates to be negotiated. Tenant is Axalta Coating Systems. They are a Premier Global manufacturer of automotive refinishing and repair products. Headquartered in Philadelphia with 2025 sales of 5.1 billion US. Numerous internal improvements in building to permit manufacture and distribution of industrial automotive coatings. M-2 zoning,1200 amp 600 volt electrical system.Tank farm at rear of building.Roof updated 2024 . This is a key manufacturing plant in their worldwide operations. Replacement cost of buildings far greater than List price. Proximity to 400 series highways and experienced labor pool difficult to replace.Vendor would like building to be sold with 624 McGeachie. Same Tenant and use. (id:56426)

PAUL JOSEPH BORCSOK

Listed by Nucorp Realty International

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
Or call Arden — (519) 806-0555
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.