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    For Sale - 624 McGeachie Drive, Milton, Ontario

    Est payment $60,024/mo
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    Time on Jump  1 day

    AI Summary *

    • Net-leased industrial building in year four of a five-year lease, with a renewal option.
    • Tenant operates a major distribution plant integral to global operations.
    • Roof replaced in 2024; upgrades include fire suppression, air monitoring, and backup generators.
    • 800-amp, 600-volt electrical service and M-2 zoning with outside storage.
    • Convenient access to major highways and a skilled labor pool.




    Solid investment for the future. Net leased industrial building in 4th year of 5 year term. 5 year renewal option in lease. Rates to be negotiated in 5th year. Tenant is axalta coating systems, a premier global manufacturer of automotive coatings and repair products. Majority of distribution from this plant. Two plants in milton area are an integral part of companies global operations. Roof replaced in 2024. Numerous upgrades to building including tyco, ansul sprinkler fire suppression system, draiger air monitoring system, back up generators and nitrogen regeneration system. 800 amp/600 volt electrical system. M-2 zoning with outside storage. Replacement cost of building far greater than list price. Very desirable location close too 400 series highways and skilled labor pool. Vendor would like 624 and 604 mcgeachie sold to one buyer.
    Listing IDW14177952
    Address624 McGeachie Drive
    CityMilton, Ontario
    Price$12,500,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Brokerage: Nucorp Realty International

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    624 Mcgeachie Drive
    Milton , Ontario
    $12,500,000
    Get more info