Jag Patel
Broker
$6,495,000
Available - For Sale
Listing ID: W13224562
1244 Speers Road , Oakville, L6L 2X4, Halton
| 6.27% year 1 capitalization rate investments sale offering! Professionally managed multi-tenant industrial investment offering with 15 in-place tenants across 15 separately metered units - 100% leased. Unit sizes ranging from 902-1,367 sq ft, each with drive-in doors. Modernized rents with strong annual escalations. Average lease term of ~1.8 years. Strong curb appeal and Speers Road frontage. Recent site improvements include: brand new asphalt, office and warehouse LED lighting, office and warehouse paint, office flooring replacement, ground and polished floors, new bathroom vanities, and new unit & pylon signage. |
| Price | $6,495,000 |
| Taxes: | $32060.87 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1244 Speers Road , Oakville, L6L 2X4, Halton |
| Postal Code: | L6L 2X4 |
| Province/State: | Halton |
| Legal Description: | PT LT 23, CON 3 TRAFALGAR, SOUTH OF DUND |
| Directions/Cross Streets: | Speers Rd & Fourth Line |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Industrial |
| Building Percentage: | T |
| Total Area: | 18736.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 19 |
| Office/Appartment Area Code: | % |
| Office/Appartment Area Code: | % |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Clear Height Feet: | 12 |
| Truck Level Shipping Doors #: | 0 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 16 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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Years
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| COLLIERS |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Halton |
| Municipality: | Oakville |
| Neighbourhood: | 1014 - QE Queen Elizabeth |
| Tax: | $32,060.87 |
| Fireplace: | N |
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