243 QUEEN STREET N

Strathcona Hamilton (Strathcona) L8R 3N6

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 3.2-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)