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604 Mcgeachie DR S Milton, ON L9T 3Y5
32,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 32,500 sqft
Price per Sqft $392
Subdivision 1034 - Mn Milton North
MLS Listing ID W14177908
Annual Tax Amount $56,203
Tax Year 2025
Lot Size 1.900 Acres
Property Sub-Type Industrial
Property Description
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.
Location
Province ON
County Halton
Area Halton
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 271.02
Lot Depth 327.52
Others
Security Features Yes
ParcelsYN No
Listed by Nucorp Realty International