More Photos

×

    For Sale - 38 Haniak Road, Oliver Paipoonge, Ontario

    Est payment $25,930/mo
    Get pre-qualified
    Views   1
    Time on Jump  1 days

    AI Summary *

    • 38,201-square-foot industrial facility on approximately 18.45 acres, minutes from Thunder Bay.
    • New 10-year triple-net lease with a well-established tenant and annual rent escalations.
    • Steel-frame construction includes 26-foot clear height, 14 grade-level doors, and crane-served bays.
    • Large yard offers outside storage, with quick access to major highways.
    • Office space, natural gas heating, and high-speed internet support industrial operations.




    Long-term nnn industrial sale-leaseback investment. 38,201 sf freestanding industrial facility (approx. 2,737 sf office & 35,464 sf industrial) on approx. 18. 45 acres in rosslyn (oliver paipoonge), minutes west of thunder bay with quick access to hwy 130 and the trans-canada highway (hwy 11/17). A well-established industrial tenant with a 49+ year track record will sign a new 10-year triple net lease on closing at $12. 00/sf in year 1 with 2. 5% annual escalations (approx. $458,412 year-1 net rent - 8. 49% going-in cap rate at list price). Steel frame construction, 26 ft clear height, 14 grade-level doors, crane-served bays, gas forced air heat. Originally built 1974 with expansions through 2022. Zoned pm1 (paipoonge light industrial). Large yard with outside storage. Services: hydro, drilled well, septic, natural gas, telephone & high-speed internet. Thunder bay is the main service hub for northwestern ontario and the gateway to the ring of fire mineral region. Ideal for reits, institutional and private investors seeking stable, hands-off income.
    Listing IDX14122604
    Address38 Haniak Road
    CityOliver Paipoonge, Ontario
    Price$5,400,000
    StyleInvestment
    Land Size18.45
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major HighwayHeating / Cooling Gas Forced Air ClosedSewer Septic

    ASAP

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    Tue

    17

    Nov

    Wed

    18

    Nov

    Thu

    19

    Nov

    Fri

    20

    Nov

    Sat

    21

    Nov

    Sun

    22

    Nov

    Mon

    23

    Nov

    Tue

    24

    Nov

    Wed

    25

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: RE/MAX REALTY SPECIALISTS INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    We're in the process of adding more listings. Please check back soon!

    Loading...
    38 Haniak Road
    Oliver Paipoonge , Ontario
    $5,400,000
    Get more info