Urban flex-commercial property comprising of 54,184-sf of high-quality small-bay space with 16 clear heights, 12 truck-level doors and 132 surface stalls, on a 2.7-acre lot. Strategically situated within an established urban business park of North York, just southwest of the Highway 401 and Don Valley Parkway intersection, the Property benefits from exceptional accessibility to the 400-series highway network, neighbouring transit & logistic hubs and an array of retail amenities. The Property is currently fully leased to a diverse roster of tenants, offering average in-place rents of ~$24.00 psf over a weighted average remaining lease term of 3.0 years, with attractive annual rental escalations.
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