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    For Sale - 604 Mcgeachie Drive, Milton, Ontario

    Est payment $61,224/mo
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    Time on Jump  1 day

    AI Summary *

    • Net-leased industrial building nearing the end of year four in a five-year lease, with a five-year renewal option.
    • Industrial manufacturing tenant and use supported by substantial building infrastructure and internal improvements.
    • M-2 zoning, 1,200-amp 600-volt electrical service, and a rear tank farm.
    • Roof updated in 2024; located near major highways and an experienced labor pool.
    • Seller prefers sale with the adjacent property, which has the same tenant and use.




    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.
    Listing IDW14177908
    Address604 Mcgeachie Drive
    CityMilton, Ontario
    Price$12,750,000
    StyleIndustrial
    Land Size1.9
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype IndustrialHeating / Cooling Gas Forced Air Closed

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    Listing Brokerage: Nucorp Realty International

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    604 Mcgeachie Drive
    Milton , Ontario
    $12,750,000
    Get more info