604 Mcgeachie Drive S Milton, Ontario L9T 3Y5
$12,750,000
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. (id:55460)
Business
| Business Type | Manufacturing |
| Business Sub Type | Manufacturing |
Property Details
| MLS® Number | W14177908 |
| Property Type | Industrial |
| Community Name | 1034 - MN Milton North |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 32,500 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Size Depth | 327 Ft ,6 In |
| Size Frontage | 271 Ft |
| Size Irregular | 1.9 |
| Size Total | 1.9 Ac |
| Size Total Text | 1.9 Ac |
| Zoning Description | M-2 |
Broker
(905) 602-9999
5160 Explorer Drive, Unit 23
Mississauga, Ontario L4W 4T7
(905) 602-9999
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 13 2026 10:34:01
Toronto Regional Real Estate Board
Nucorp Realty International