Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton’s West Harbor. The property offers approximately 85,000 SF across three industrial units and is being offered at a 6.73% going-in cap rate, with a 3.8-year WALT and built-in rental escalations. The building features clear heights reaching approximately 54’, eight drive-in doors, and 15-ton and 45-ton cranes. Zoned D2 and P5, with significant land area, ample surface parking and outdoor yard space. An opportunity to acquire a stabilized industrial asset with secure in-place income and contractual rental growth. (id:2493)
Property Type:
Industrial
Common Interest:
Freehold
Total Living Area:
1.95 acre(s)0.79 hectare(s)
Total Building Area:
1.95 acre(s)0.79 hectare(s)
Zoning:
D2, P5
Taxes:
$198,465.95 /
-
Community:
101 - Strathcona Central North
Structure Type:
Other
Fireplace:
No
# Storeys:
1.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
None
Lot Frontage:
468'143 m
Expansive commercial property with multiple industrial buildings, large paved lot, and surrounding green spaces
Extensive industrial complex featuring multiple large warehouse buildings with metal roofs
Industrial property featuring a large warehouse building with a metal roof and ample paved lot space
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Additional content
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Spacious indoor court with wood-finish flooring, high ceilings, and recessed lighting
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Spacious interior featuring built-in cabinetry with glass-front uppers, a continuous countertop, and integrated beverage cooler
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Kitchenette featuring white cabinetry, a double basin stainless steel sink, and tile flooring
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Modern office suite featuring a curved wood-finish desk, recessed skylight panels for natural illumination, polished concrete flooring, and vibrant accent wall in deep green
Professional office space featuring executive-style wood-finish desk with integrated storage hutch, ceramic tile flooring, recessed ceiling lighting, vertical blinds along expansive windows, and white
Recessed lighting fixtures, tiled flooring, painted brick wall, wall-mounted air conditioning unit, baseboard heating
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Expansive interior space featuring a large roll-up door, high vaulted ceilings, industrial lighting, exposed structural beams, and concrete flooring
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Expansive concrete flooring, high trussed ceilings, industrial lighting, multiple structural support beams, and a large roll-up door
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