Name: 1 FIRESTONE ROAD, Strathroy-Caradoc (SE) | MLS® X12133154
SKU: x12133154
Price: 10499000.0 CAD
Availability: InStock

$10,499,000 Sale

Listed 102 days ago

1 FIRESTONE ROAD

MLS® x12133154 Multi-Tenant Industrial

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 93981

Est. mortgage

$39,830/mo

Key Facts

Key facts for 1 FIRESTONE ROAD

Property Type

Commercial, Multi-Tenant Industrial

Parking

Garage: No, 0 parking

MLS #

X12133154

Size

93981 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Rare fully occupied investment opportunity offering approximately 7% cap rate currently with upside as high as 9% within four years due to escalations and lease renewals. High-quality roster of tenants who plan to stay long-term. Flexible zoning allows outside storage and property sits on 12.2 total... acres with approximately 4 acres of unutilized excess land for future development potential to add additional units or for outside storage usage. Extensively upgraded building with new LED lighting, new exterior and interior metal cladding, new electrical wiring, and other work too extensive to list - $2.2 million spent on upgrades over last 8 years. Great building specs with 20 ft clear height in 80% of the building and 16 ft clear height in 20% of the building, and abundant dock-level and drive-in shipping doors. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

93981 sqft

Heating Type

Radiant heat

Air Conditioning

Partially air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

93981 sqft

Heating Type

Radiant heat

Air Conditioning

Partially air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

Bldg=401 x 1486.47 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Acreage

Bldg=401 x 1486.47 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Building Description

Style

Multi-Tenant Industrial

Home Type

Commercial

Subtype

Multi-Tenant Industrial

Water Supply

Municipal water

Style

Multi-Tenant Industrial

Home Type

Commercial

Subtype

Multi-Tenant Industrial

Water Supply

Municipal water

Community

Area Code

Strathroy-Caradoc (SE)

Community

Area Code

Strathroy-Caradoc (SE)

Michael Jones

Email: [email protected] Cell: 519-636-8372